BTC has been sideway for more than a month now, I defined this price action as a re-accumulation phase, lots of up and down and shakeout movements, newbies need to be careful to trade.
Now, for the daily chart, I am paying close attention to this rising wedge pattern( bearish signal), if it breaks down, we may have one more leg before grinding up.
So be prepared and don't panic sell.
Now, for the daily chart, I am paying close attention to this rising wedge pattern( bearish signal), if it breaks down, we may have one more leg before grinding up.
So be prepared and don't panic sell.
Trade active
now in a tide bull channel. Bullish , buy low sell high.
formal education makes a living, self-education makes a fortune!
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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.
formal education makes a living, self-education makes a fortune!
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.