BTC could soon bounce on two important support structures, respectively at 7809 and 7887 where we also find the Fibonacci 618 retracement. Later it could reach up to the average daily Bollinger Bands between 8800 and 8900.
BTC is forming a falling wedge pattern that is certainly bullish. Furthermore, it can be seen that the red volumes are decreasing and the green volumes are rising.
This is my personal opinion and this is not a financial advice!
Good trading!
BTC is forming a falling wedge pattern that is certainly bullish. Furthermore, it can be seen that the red volumes are decreasing and the green volumes are rising.
This is my personal opinion and this is not a financial advice!
Good trading!
Trade active:
8900 is the target!
Trade closed: stop reached