Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BItcoin has been running on a strong tear to the upside for many weeks. We are forming a nice rising wedge pattern which typically is bearish along with a divergence which shows the strength is getting weaker. I see a drop very soon. Can it go up a bit more to 49-52K? Sure but we are De Risking right now to buy back lower around 30-36K
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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.