Looks like we are in a bullish falling wedge (or maybe even a bull flag) which should take us to the top trendline completing the triangle. The triangle has a target of 2.2T which is a 40% move up from where we are now. It looks like crypto wants to recover. We just might not go down to a 20k bitcoin like many people are waiting for. Again, things change but this is what TA is telling us right now.
Note
The falling wedge broke down
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.
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.