Bitcoin - Falling wedge concludes at long term trendline
Updated
Bitcoin's current falling wedge pattern ends pretty perfectly at one of the major long-term trendlines (zoom out to see more of the trendline). Opening a hefty long if it bounces off 830ish and stays above.
Also seeing a potential double bottom at around 890 where the last curve of the Gann Square sits. So a couple of things to watch out for
Also seeing a potential double bottom at around 890 where the last curve of the Gann Square sits. So a couple of things to watch out for
Note
Zoomed out:Order cancelled
Broke out of the Falling Wedge - see my newer ideas for updates :)
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.