BITCOIN WORKING ON RISING WEDGE!!
Hi folks,
We all know that rising wedge is an bearish pattern, lately BTC is working on a rising wedge. As you can see from the chart it has formed the same pattern previously, I believe this the fractal repeating that will lead us more down.
Prepare yourself for this ugly move !!
We need serious volume spike to invalidate this wedge.
We all know that rising wedge is an bearish pattern, lately BTC is working on a rising wedge. As you can see from the chart it has formed the same pattern previously, I believe this the fractal repeating that will lead us more down.
Prepare yourself for this ugly move !!
We need serious volume spike to invalidate this wedge.
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.