giorgiovie

BTC inside a wedge neutral view

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC after breaking up the triangle has been sell off down to 16680, now, like ETH, is forming a descending broadenng wedge that is usally a bullish formation but not always, i woul buy a bounce off SL at 16670 or at S2 after rejection at upper RL, will sell as well a rejection at upper RL; RSI on 15M is near overbought, on 30M is neutral going up, on 1H and 4H is oversold, that tells me that we may have a pullback down as well a push up , RSI signals are mixed so i would stay with the scenario of my chart in a neutral view

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