Bitcoin Bounce Zone - Weekly Oversold & 233 EMA

Jun 7, 2022

Historic bounce zone for bitcoin, off the 233 EMA. See my previous analysis to justify why Bitcoin COULD bounce UP from this range.
Reasonable Target #1 would be approx. 74k

Weekly Oversold 233 EMA Bounce

.618% Retrace into Recovery Target from Bearish Breakdown in 2022

MACRO Trendline - Pitchfork pivots

Note: Not Trading or Investment advice. Entertainment Only. ;)

Jul 1, 2022

Note

Posted NEW Idea based on the falling wedge break.

Sep 23, 2022

Trade closed manually

penetrated the lower boundry wedge.