Price brokeout the ressistance
and forming reversal wedge,
need breakout of wedge_ressistance (0.618 F lvl - good assumption)
to continue rising impulse.
One more scenario is correcting to strong support+1.272 F lvl(on the background prediction about BTC fall to form C-leg) and go.
Use F lvls 0.618 or 0.786 of Descending trend as targets
and forming reversal wedge,
need breakout of wedge_ressistance (0.618 F lvl - good assumption)
to continue rising impulse.
One more scenario is correcting to strong support+1.272 F lvl(on the background prediction about BTC fall to form C-leg) and go.
Use F lvls 0.618 or 0.786 of Descending trend as targets
Trade active
Trade active
Comment:
Great work of Demand zone, but now I tend to 2nd option - price will go to Strong support on background bearish BTC situation
Comment:
Good work of Demand zone+0.618 lvl
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