Using the Elliot wave theory very loosely and the date for the upcoming futures exchange Bakkt as key indicators as to when we will see a reversal. After this falling wedge, I think there could be a testing on the support line but there will be a gradual build-up to this upcoming futures release date then a small sell-off on the news continued by a stronger start to the new trend.
*Not financial advice*
*Not financial advice*
Note
Also make sure you zoom out to get a clearer picture !
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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.