This is the 1-Hour Trend. (Not the Daily). Right now, Bitcoin is in a wedge, and it will make move soon. The MA 200 is sitting above. It'll be interesting to see if it moves up, to cross the 200, or if it moves down. Merry Christmas!
Kommentera:
It should spring-action expand upward. However, my concern is, this wedge is heavily weighted on the bottom-half, which means we may see a bearish expansion. It could go either way...
Kommentera:
It's beginning it's travel upward!