New Bitcoin Wedge breakout, BTC target $9,700
Wedge breakout, target price $9,700
Support zones at $9,100 and $9,200
Current situation we will see is a pullback and due to wedge breakout should rise to $9,700 but we can expect resistance from thin blue line 'HighPhaser', which is the MarketBaseLine overlay of the a third chart (60 min).
So we can expect some ranging with dated high to supports stated or breakout out of the HighPhaser.
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The use of 'TDI' Pro's Analytic Tool is meant not for blind trade entry, rather a technical guide of set rules which an expert on the use of Traders Dynamic Index can use it complementary as an alert of technical probability.
His/her expertise on the use of Traders Dynamic Index would allow to stay in the trade for longer than when the tool says 'close trade'.The trader can use the signal 'close trade' as an entry if so expected by trader's complete analysis. Also it's programmed to say close rather than sell due to possible false sell signal on generic system trading script coding which now would increase capital most favorably.
Support zones at $9,100 and $9,200
Current situation we will see is a pullback and due to wedge breakout should rise to $9,700 but we can expect resistance from thin blue line 'HighPhaser', which is the MarketBaseLine overlay of the a third chart (60 min).
So we can expect some ranging with dated high to supports stated or breakout out of the HighPhaser.
_____
The use of 'TDI' Pro's Analytic Tool is meant not for blind trade entry, rather a technical guide of set rules which an expert on the use of Traders Dynamic Index can use it complementary as an alert of technical probability.
His/her expertise on the use of Traders Dynamic Index would allow to stay in the trade for longer than when the tool says 'close trade'.The trader can use the signal 'close trade' as an entry if so expected by trader's complete analysis. Also it's programmed to say close rather than sell due to possible false sell signal on generic system trading script coding which now would increase capital most favorably.
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