BTC - Descending Wedge Brings the Hopium
Something is happening in the BTC charts and while my mind has had its back and forth…and yes, we could still go lower…I am veering towards bullish. Here’s the facts in the charts:
- Deviation from major range
- Possible descending wedge
- Finding support above previous major low
On other charts we are also seeing bullish momentum come back into the market…..more to come in that space.
- Deviation from major range
- Possible descending wedge
- Finding support above previous major low
On other charts we are also seeing bullish momentum come back into the market…..more to come in that space.
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.