This wedge indicates an undecided market..... a battle of the bears and bulls. the higher the longs grow the more likely we are to dump. the higher the shorts the more likely we go up. Sentiment for most traders is cautiously bullish.
Latest news - Tim Draper story on bitcoin to 250k, Barklays opens trading desk. More likely we go down on this news.
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.