quick short - likely to retest upper $30s
no, this doesn't contradict my prior idea, it's just a lower time frame view. i think it's likely we'll test the 37k-38k before any type of reversal.
top of an ascending wedge is usually a great place to sell, and it's even better when you can do it with 3x leverage and have your liquidation point above the ATH.
seems like a pretty high probability play, especially considering the trend.
top of an ascending wedge is usually a great place to sell, and it's even better when you can do it with 3x leverage and have your liquidation point above the ATH.
seems like a pretty high probability play, especially considering the trend.
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