BTC/USDT : bearish wedge is going to work

7 dic 2020

BTCUSDT
Hello everyone 😃

BTC is moving into Bearish wedge and indicators are being bearish ...
We have two scenarios now,
1️⃣ BTC growth until resistance zone and travel to 18800$ support zone .
2️⃣ BTC rejects wedge with a retest on it and then dump to 18800$ support zone .

Now BTC rejected wedge so scenario 2️⃣ is more possible but if BTC get back into wedge again, then we will touch 19350$ resistance zone .

🔴 ALSO watch for resistance, IF BTC breaks it will go higher and take a look on EMAs, IT seems EMA 100 is a good support for movement now.

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

8 dic 2020

Trade chiuso: obiettivo raggiunto

AS I said EMA support movement again,
BTC had a touch on EMA 200 and pulled back