BitcoinUpdated BTC is showing strength but..
BTC is showing strength but..
I expect some healthy pull back
We are in a rising wedge, sometimes they break upwards and this could happen.. But we will bump into a macro downtrend line.
SHORT TERM: Pull back after completing rising wedge pattern.
I expect some healthy pull back
We are in a rising wedge, sometimes they break upwards and this could happen.. But we will bump into a macro downtrend line.
SHORT TERM: Pull back after completing rising wedge pattern.
Note
Looking for a close below 6200 on the next 6 hr candleNote
TYPO: not 6200 but 7200!Note
Rising wedge confirmed
Trade closed: target reached
i took profitCongrats to anyone who followed this trade
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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.