ביטקויןלונג
BTC FALLING WEDGE INSIDE BEARISH LONG TERM PATTERN... BREAKOUT?!
Summary: Found something interesting today, realized there was a falling wedge (bullish pattern) inside a longer bearish descending triangle.
Note: This is solely based on TA and any FA could cause a change. My longer term bearish outlook still plays as this wedge is inside that. It is provided below.
Bullish Points:
- A falling wedge would give BTC quite a bit of momentum as we test this upper trend long term trend line. The next trend line spot would be 6600-6700 which looks to be happening within the next month.
- RSI has been consolidating sideways within the wedge drawn.
- Volume has been consolidating as well on a longer period
Long Term Bearish Descending Triangle:
Note: This is solely based on TA and any FA could cause a change. My longer term bearish outlook still plays as this wedge is inside that. It is provided below.
Bullish Points:
- A falling wedge would give BTC quite a bit of momentum as we test this upper trend long term trend line. The next trend line spot would be 6600-6700 which looks to be happening within the next month.
- RSI has been consolidating sideways within the wedge drawn.
- Volume has been consolidating as well on a longer period
Long Term Bearish Descending Triangle:
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.
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.