Bitcoin Expanding Wedge Prior Breakout to $20000
Hello, here is the Bitcoin price action plan. Today Bitcoin reached new daily high at 14165, Tail of this wick could take a lot of liquidations and stop losses.
On the chart I visually represented 3 Trading Ranges inside Expanding wedge.
☞ Inside trading range price printed resistance with a-b-c-d points, where point c is higher than others.
☞ Support built by i-ii-iii points, usually point i is lower than others.
☞ Next thing you may notice is Resistance line, it have 1234 touches before bullish breakout.
So for now I will expect to buy near additional entry at 13000 zone and lower near 12500.
Good luck!
Share and like are appreciated !
On the chart I visually represented 3 Trading Ranges inside Expanding wedge.
☞ Inside trading range price printed resistance with a-b-c-d points, where point c is higher than others.
☞ Support built by i-ii-iii points, usually point i is lower than others.
☞ Next thing you may notice is Resistance line, it have 1234 touches before bullish breakout.
So for now I will expect to buy near additional entry at 13000 zone and lower near 12500.
Good luck!
Share and like are appreciated !
Trade attivo
Price following the plan
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.