Bitcoin / TetherUSShort
Next stop: the MA50 weeks @30,953
Continue with my previous idea:
We have left the bearish wedge but we are still in a bearish flag, price should go to test the MA50 weeks which is also on top of a very strong support.
Next step depends on how market interprets the wider triangle, are we in a bearish triangle or a bullish bedge? I have drawn both in thick lines.
Do you like it? then please click on LIKE.
We have left the bearish wedge but we are still in a bearish flag, price should go to test the MA50 weeks which is also on top of a very strong support.
Next step depends on how market interprets the wider triangle, are we in a bearish triangle or a bullish bedge? I have drawn both in thick lines.
Do you like it? then please click on LIKE.
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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.