Ascending wedges are BEARISH. However, this wedge is INVALID. This means that it actually broke out of the ascending wedge pattern and it looks like it will 🚀 . So the next few days will confirm.
Looks like we have a nice bullish inverted H&S. I'm going short to fill in GAPS below 200ish, once this clears I'll be entering long calls. Let's see how this pattern plays out. There is a small gap that needs to fill at 273. Might happen before or after the drop. Manage your risk.
Looking bullish. Possible drop within the pattern to 20k. Once the pattern completes we should see it over 35k. Looks like we will have a nice crypto run soon.
We had a pull back. Looks like we have confirmation. Bullish. We are at discount level. We could break Resistance at $0.70, with data coming out next week, FOMC, GDP etc...
Updated lines from previous mention. Pattern is looking to take shape. Let's see how it plays out. This is a bullish pattern, but should drop to or below 165.
Looks like we have a nice descending broadening wedge formation. We are more then likely heading down within the pattern, around 165. Note this is a bullish pattern but we shouldn't break new highs until we hit these lows.
Not financial advice. Always do your DD.
