My exact target hit, as price broke out of the broadening wedge and then the triangle.
Now we’re experiencing lots of resistance between 47-48.8k. My guess is we’ll need to close multiple 4 hour candles above 50k to flip this into support.
Now we’re experiencing lots of resistance between 47-48.8k. My guess is we’ll need to close multiple 4 hour candles above 50k to flip this into support.
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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.