FALLING WEDGE. Price is moving down, but the bearish momentum is decreasing. This may be a sign that price rise is going to come
הערה:
This morning i was browsing for a few minutes and it appears that many of the Alt coins are on a downtrend. I look, and low and behold, Bitcoin has broken through! (see above Falling Wedge). In the big picture, this breakout is great news! I now believe we're on our way up! Because...as i mentioned... we were at a pivotal decision point. The falling wedge predicts up. However, the longer it lingers, the greater the chances of it eventually breaking through the bottom support and dropping. I did not want to see Bitcoin drop into a downtrend. Every time I trade, it's not paired against USD, but BTC. I always try to accumulate more BTC.
However, when BTC rises, usually, the Alt's drop, as we're seeing right now. This will make it a bit harder for Alts ...i guess we'll see which alts are really strong atm. Good luck trading, i wish you all the best!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
However, when BTC rises, usually, the Alt's drop, as we're seeing right now. This will make it a bit harder for Alts ...i guess we'll see which alts are really strong atm. Good luck trading, i wish you all the best!