RSibayan

Bitcoin Rising Wedge

RSibayan מעודכן   
COINBASE:BTCUSD   ביטקוין
Upside Target: $8,080 - $8,246
Downside Target: $7,166 @ 61.6 Golden Ratio Fibonacci to $6,850 - $6,673

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Watch out for STOPS-HUNTING BOTS!!!!



*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.


Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.

Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.

>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<



Constructive and positive comments are welcome. Be courteous.

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More Power To All Your Trades,
Ron (The Intrepid Trader)
הערה:
Moving upwards now.
הערה:
Price now reached 120 EMA, will it break through beyond this EMA or will price get rejected.
הערה:
Price above the 20EMA and 200EMA, strong bullish price action.
הערה:
Price may come down to re-test support @ $7632.
הערה:
Bitcoin Now In Support Re-Test Phase
הערה:
RE-TEST ZONES
הערה:
Support found at $7686
הערה:
Potential 3.32% gains on Long.
הערה:
Watching the 20 Day MA, this resistance may be re-tested and can push price further down if the Bulls don't get above it and close the day with a green candle.

Price may wick up all the way the the 38.2% Fib and then reverse back down.
הערה:
4 Hour Chart
הערה:
1 Hour Chart
הערה:
Will The Support Level Hold and Reverse Price Back Up or Will It Fail?
הערה:
Finding The Support Level.
הערה:
הערה:
הערה:
$7,166 @ 61.8% Golden Ratio Fibonacci Reached
כתב ויתור

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