BTC USDT: Update,
The ascending triangle formed inside of the big rising wedge
A rising wedge is bearish, the ascending triangle is bullish, which one will be stronger?
Now it looks like we broke down from this big rising wedge, but the lower support line of this triangle still holds...
Breaking support of triangle would also be bearish, so we would have double confirmation of reversal to downside coming.
We talking about chances here, but we should always have in mind that BTC knows to ignore this and to do something totally opposite...
The ascending triangle formed inside of the big rising wedge
A rising wedge is bearish, the ascending triangle is bullish, which one will be stronger?
Now it looks like we broke down from this big rising wedge, but the lower support line of this triangle still holds...
Breaking support of triangle would also be bearish, so we would have double confirmation of reversal to downside coming.
We talking about chances here, but we should always have in mind that BTC knows to ignore this and to do something totally opposite...
Hit "follow the idea" to get notified about updates.
The boost would help also...
Doors are now open to my free Telegram channel.
Welcome!!
t.me/CryptoBarbecueChannel
The boost would help also...
Doors are now open to my free Telegram channel.
Welcome!!
t.me/CryptoBarbecueChannel
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.
Hit "follow the idea" to get notified about updates.
The boost would help also...
Doors are now open to my free Telegram channel.
Welcome!!
t.me/CryptoBarbecueChannel
The boost would help also...
Doors are now open to my free Telegram channel.
Welcome!!
t.me/CryptoBarbecueChannel
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.