Bitcoin
Short
Updated

Bounce rejected btc

Following up with my earlier post. What was looking like an ascending triangle break out seems to have been rejected by middle BB and now looking like a rising wedge https://www.tradingview.com/x/KYoyIKtw/
Note
snapshot
Note
If indeed a bear flag. We use pole length to determine trajectory which would fall right in line with a previous level of support around 3100
Note
snapshot

Can we get another impulse up? If so we will look like Bukowski's ascending broadening wedge
Note
Bull cross fake out ! 50 tried to go vertical of 200 but rejected on hourly and 4 hr charts forming a death cross!
snapshot

Disclaimer