Limitless-Investor

BTC trading setup. 2 support areas to watch out.

BITMEX:XBTUSD.P   Bitcoin
We have to break red box to confirm that BTC is done correcting. A breakout from the bullish falling wedge is not a confirmation yet of a bull run as the likelihood of it dropping after a breakout is still high. I see 2 significant supports which are the green boxes. Breaking below the 2nd green box is a confirmation that correction is not yet over.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.