70% confident this is a rising wedge
Kommentera:
80% confident
Kommentera:
This would make a 3rd touch .. and if I know bitcoin, 4th touches are rare... so if this wedge breaks it may break on this round just a heads up
Kommentera:
possibly a repeat of the last cycle
Kommentera:
heavy bear pressure ... algo is dumping
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
Kommentera:
Still in the wedge. Did not expect to be at the top of it.
Order avbruten:
formation broke (up)
Kommentera:
if this dips here the wedge may still be valid... but to be honest I do not know what to expect after seeing bitcoin touch 7k
Kommentera:
the fact it respected my backup line is interesting