BTC ascending wedge possible breakdown
Watching this pattern develop for a few hours now. It seems to have broken down on some exchanges but not all. This one (bitstamp has not broken down yet but the Binance exchange has broken down as shown in a previous idea that i will link here)
Although at the time of writing this it looks like it seems to be breaking down on this exchange as well. Could see a retest of 11k levels, possibly even lower.
Although at the time of writing this it looks like it seems to be breaking down on this exchange as well. Could see a retest of 11k levels, possibly even lower.
Note
Already big resistance in 11.8k regionNote
Hit 11k. like clockworkNote
Bullish inverted head and shoulders and rounded bottom reversal
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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.