xFarmerx

BTC broke out of the wedge resistance line

BINANCE:BTCUSDT   Bitcoin / Tether
Bears are still winning this fight. If you are waiting to go long, it is a good idea to wait for true confirmation of a bottom, and reversal before you buy. Don't panic sell if your holding BTC             and be patient. You will have lots of time to get back in or go further in to increase your position.

Looking at my chart you will see that BTC             dropped out of the wedge . My next target is $6,500 where I have the green box. The rsi shows this may not be the bottom but I am just watching as a spectator at this point.

I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!

~Peace
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden