⋱ℌello dear friends, let's have a look at Bitcoin⋰
Structure and patterns:
≫ Clearly we in big symmetrical triangle structure, moving inside it closely to the apex.
≫ Inside this pattern, we can found another structure called Descending Wedge (Falling Wedge), it is bullish in two of three cases so it's 67% probability to be bullish, and 33% probability to be bearish.
In this case we have a stop loss under previous swing low, at 3422$
Take profit situated at 3876$. With risk/reward ratio 2.33.
≫ Price currently broke Descending Wedge resistance.
∿ Indicators:
≫ Stochastic showing bullish divergence on 4h timeframe chart.
≫ Relative Strength Index showing bullish divergence on 4h timeframe chart.
Structure and patterns:
≫ Clearly we in big symmetrical triangle structure, moving inside it closely to the apex.
≫ Inside this pattern, we can found another structure called Descending Wedge (Falling Wedge), it is bullish in two of three cases so it's 67% probability to be bullish, and 33% probability to be bearish.
In this case we have a stop loss under previous swing low, at 3422$
Take profit situated at 3876$. With risk/reward ratio 2.33.
≫ Price currently broke Descending Wedge resistance.
∿ Indicators:
≫ Stochastic showing bullish divergence on 4h timeframe chart.
≫ Relative Strength Index showing bullish divergence on 4h timeframe chart.
노트
this chart doesn't have volume.So i decided to check it from BitMEX and look at VOLUME:
노트
looks like breakout on 1h timeframe
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.