Bottom support .28 range created now clearly rejected from the .50 area. Currently testing the previous support creating a falling wedge structure. If it breaks out on the upside, we would see a double bottom forming which will try to break the .50 area of resistance then next target of .70 range to .80
However, If this falling wedge fails, we're going to see .18-.25 targets.
BTC is also in a major support area of 38k-ish. If all goes well and comes back above 45k, I hope to see higher targets.
This is my long term bag because of fundamentals and my target initially is 3. I placed some TPs along the way.
Good luck, CTSI.
However, If this falling wedge fails, we're going to see .18-.25 targets.
BTC is also in a major support area of 38k-ish. If all goes well and comes back above 45k, I hope to see higher targets.
This is my long term bag because of fundamentals and my target initially is 3. I placed some TPs along the way.
Good luck, CTSI.
Comment:
.18-.25 targets