Rising Wedge
4k retest got rejected. Wedge formed. Overall Bearish downtrend should send us downwards. Watch out for any long upward wicks that will try to clear your stop-loss. Market feels greedy right now. My friend who doesn't trade crypto is looking to buy in. A good indicator that we're in a greedy area and should be correcting downwards.
Good luck traders!
Check out litecoin too! 140% increase since December. Feels a little too early for this much increase despite block halving in August.
Good luck traders!
Check out litecoin too! 140% increase since December. Feels a little too early for this much increase despite block halving in August.
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