In addition to the double top idea I shared earlier, I'm also seeing yet another nice looking ascending wedge and it is on BTC this time. It's right on the edge of breaking below now, I'd expect a large move down back to the 59K area at minimum if it falls here.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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.