The first point is a little shaky since it was caused by the ETF crash - so I'm not sure if it qualifies. But otherwise the pattern looks plausible.
This is also assuming the line starting at point 5
is not an Ascending Wedge (see my previous idea tradingview.com/chart/BTCUSD/3uTr9B8K-Possible-Bitcoin-Ascending-Wedge-targets-speculation/)
This is also assuming the line starting at point 5
is not an Ascending Wedge (see my previous idea tradingview.com/chart/BTCUSD/3uTr9B8K-Possible-Bitcoin-Ascending-Wedge-targets-speculation/)
Note
***SWITCHING USERNAME TO Oops_I_Charted***tradingview.com/u/Oops_I_Charted/
Hey guys, just letting you know I’m disabling this account and changing my account permanently over to Oops_I_Charted.
I’ll be continuing my ideas over there so If you’re following me please follow the other account instead if you’re interested :)
Thanks!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.