BitcoinUpdated Clear Ascending Wedge
Speculative only - not advice.
Clear ascending triangle formation with climax post S2X - Expected that we will touch and briefly break 8K within the next week, followed by substantial sell off as per previous major resistance levels at 3K & 5K.
Previous resistance should form new support so expectation would be a return to the $5 - 5.5K levels notwithstanding any major news.
Clear ascending triangle formation with climax post S2X - Expected that we will touch and briefly break 8K within the next week, followed by substantial sell off as per previous major resistance levels at 3K & 5K.
Previous resistance should form new support so expectation would be a return to the $5 - 5.5K levels notwithstanding any major news.
Note
*Correction - Clear ascending Wedge
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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.