Btc has formed an ascending wegde, so a small correction could be next.
We have reached a large resistance around 9k and we could see a pull-back before breaking it.
The bigger picture looks bullish, because this could be the first wave of next impulse waves.
This wedge could start the second wave, that shouldn't go below 8k.
We have reached a large resistance around 9k and we could see a pull-back before breaking it.
The bigger picture looks bullish, because this could be the first wave of next impulse waves.
This wedge could start the second wave, that shouldn't go below 8k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.