Will BTC bounce of rising trendline?
G'Day cobbers,
We are starting to near the cliff edge, we are also starting clearly see we are in a falling wedge, will it save us or will we fall of the cliff.If we break out as normal with a falling wedge we may see some fomo as many will think that we have bounced of support, with many bulls looking tio play a double bottom trade. Question is will the bulls on the side line have what it takes to satiate he bears who have been in a full blood frenzy.
Good Luck.
G'day
Thanks for dropping by, hopefully you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help.
Trader, Chart analyst and all round larrikin. Reside in NQ Australia, surrounded by Crocodiles, snakes & giant spiders, not to mention the boxing Kangaroos and devilish Drop bears. It makes my job quite hazardous but strewth mate, I love it.
We are starting to near the cliff edge, we are also starting clearly see we are in a falling wedge, will it save us or will we fall of the cliff.If we break out as normal with a falling wedge we may see some fomo as many will think that we have bounced of support, with many bulls looking tio play a double bottom trade. Question is will the bulls on the side line have what it takes to satiate he bears who have been in a full blood frenzy.
Good Luck.
G'day
Thanks for dropping by, hopefully you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help.
Trader, Chart analyst and all round larrikin. Reside in NQ Australia, surrounded by Crocodiles, snakes & giant spiders, not to mention the boxing Kangaroos and devilish Drop bears. It makes my job quite hazardous but strewth mate, I love it.
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