This ascending wedge is a bearish pattern for sure. Let's see if we break down or up -wards. The RSI is still not in the overbought area but quite at the edge of it. MACD looks like it's about to turn bearish as I mentioned yesterday. Btw the harmonic pattern from yesterday is BS. Keep in mind that I'm still a novice to TA. Still expecting BTC to dip.
Cheers
Feedback and suggestions are very welcome! Stay safe out there.
Cheers
Feedback and suggestions are very welcome! Stay safe out there.
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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.