Bitcoin broke a triangle and a wedge, why is there no growth? What if a downward wedge is just being formed?
Forecast of possible price movement - $ 3,660 - $ 4,830 - HELL [/ i] [/ b]
In the picture above, you can observe the supposed fractal of two Descending wedges dancing with the harmonious pattern AB = CD: bear variety 61.8 / 161.8
Forecast of possible price movement - $ 3,660 - $ 4,830 - HELL [/ i] [/ b]
In the picture above, you can observe the supposed fractal of two Descending wedges dancing with the harmonious pattern AB = CD: bear variety 61.8 / 161.8
Note
Movement to the top C of the pattern AB = CD - reducing long positions, building up short positions to continue the upward movementNote
MACD: extended bearish divergence - Bitcoin downSRSI: heading down
CMF: reports weakness of bulls at 4H - going up early
Trade active
The graph shows an upward bearish triangle, continuing to move along a downtrend
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Related publications
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.