Hey guys,
It looks like bitcoin is inside an ascending channel - which is bearish. Looking at the recent past, see how both patterns (ascending channel and rising wedge) played out as expected - bearish.
Following are the key levels to watch for:
a. For Bulls : A break above 6855 would be very bullish if we can hold that level.
b. For Bears: Bears would face...
Hello Friends,
This is the first TA I'm going to publish. From past few weeks, I've been trading following my TA and it has provided decent returns. So, I thought of publishing it :)
Bearish Signs:
a. Rising wedge - Most of the times it breaks down.
b. RSI and Stock RSI are relatively high
c. MACD nearing bearish crossover
We have to consider the fact that we...
