BTC (Y20.P5.E19).Rising wedge or in a channel?
Updated
Hi All,
BTC is over performing in the time frame its done it with so far .... so be cautious about leveraging.
I have 3 scenario's where price can pop above the wedge and make a new high again or we have it hit the top of a channel.
We can possibly go down and grind the bottom of the wedge after we hit 2o.8k or something and this weekend will be interesting.
Its likely that when we make a new high, that volatility will return and depending were it stalls, the Alts can rally.
I think its time to HODL and be patiently waiting to see the next clues.
All the best,
S.SAri
BTC is over performing in the time frame its done it with so far .... so be cautious about leveraging.
I have 3 scenario's where price can pop above the wedge and make a new high again or we have it hit the top of a channel.
We can possibly go down and grind the bottom of the wedge after we hit 2o.8k or something and this weekend will be interesting.
Its likely that when we make a new high, that volatility will return and depending were it stalls, the Alts can rally.
I think its time to HODL and be patiently waiting to see the next clues.
All the best,
S.SAri
Note
Note
so far the results makes confluence with my line or levelsNote
Note
Note
over performed and hit the 1.618 fib extension.Next what? December is a bullish period so it can likely go higher
Note
key level to hold otherwise...
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