Rising Wedge? Or 3 Green Soldiers? Bear/Bull cases for btc
Updated
Shown here on the 4hr chart is a potential rising wedge we may be in. Those tend to break downward....the potential bear flag we were in we seem to have broken upward from but with the current lack of bull volume to go with that break up we now how to explore other patterns. One is this current rising wedge we are seeing on the 4hr which tend to break bearish. However, we also seem to be forming a 3 green soldier pattern on the daily chart which tends to signify a trend reversal and would be bullish, I'm optimistically bullish for now but am keeping the rising wedge breakdown possibility on the table just in case my bullish bias doesn't pan out. I will post a daily chart snapshot below this so you can see the bull pattern as well. Thanks for reading!
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