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MrPine
13 nov 2020 03:45

Only 3 Hours Left in Beautiful Ascending Wedge Lång

Bitcoin / U.S. dollarBitstamp

Beskrivning

This is a very Bullish sigh but do be Cautious, we are in a multi year high with the weekend (low volume) ahead.

Is your reversal strategy sound if we do correct after we break the trend to the upside?>

Kommentera

BEARISH sigh*
Kommentarer
aboutpsm
Ascending Wedge is a normally bearish sign...
perezdan26
@aboutpsm, exactly
MrPine
Dear @perezdan26 & @aboutpsm

Thank you for noticing, you are 100% right.
It did play played out perfectly tho. Over the weekend & shortly after posting, the "Bearish" rising wedge got broken by low volume bears and didn't even get to prevent the breakout of multi day ascending triangle 15.9K lvl resistance that is now a support.
Mer