1) diagonal trend line resistance (yellow)
2) weekly horizontal resistance (dash red)
3) bearish rising wedge (pink)
4) 1:1 extension from 2019 low to 2020 low
5) Classic ABCD pattern top at 127% (green diamond)
BONUS 6) Covid20, Economy crisis, election
1 reason to be bullish - its volatile, its unpredictable, its bitcoin!
2) weekly horizontal resistance (dash red)
3) bearish rising wedge (pink)
4) 1:1 extension from 2019 low to 2020 low
5) Classic ABCD pattern top at 127% (green diamond)
BONUS 6) Covid20, Economy crisis, election
1 reason to be bullish - its volatile, its unpredictable, its bitcoin!
Note
further short confluence
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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.
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.