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. ;)
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. ;)
Comment:
Posted NEW Idea based on the falling wedge break.
Trade closed manually:
penetrated the lower boundry wedge.