Bitcoin Bounce Zone - Weekly Oversold & 233 EMA

Historic bounce zone for bitcoin, off the 233 EMA. See my previous analysis to justify why Bitcoin COULD bounce UP from this range.
Reasonable Target #1 would be approx. $74k

Weekly Oversold 233 EMA Bounce

.618% Retrace into Recovery Target from Bearish Breakdown in 2022

MACRO Trendline - Pitchfork pivots

Note: Not Trading or Investment advice. Entertainment Only. ;)

Commento:

Posted NEW Idea based on the falling wedge break.

Trade chiuso manualmente:

penetrated the lower boundry wedge.