Prior to the recent bitcoin price correction, the slowness of the uptrend could be seen. The EMA 20,50,100,200 is currently showing a downtrend, which of course can be assessed as a falling wedge pattern.
Although the shape of the motion is not exactly predictable, but the probable scenario is as follows from what I counted from neowave.
Although the shape of the motion is not exactly predictable, but the probable scenario is as follows from what I counted from neowave.
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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.