There´s a possibility of getting out of this SEC news FUD mess if we confirm the falling wedge and get breakout of it.
Just recently, on the daily chart BTC printed a triple bottom which is quite a bullish pattern showing some buying interest in this area.
If we go below 24/25k we are surely still in a bearmarket.
If we break out of this falling wedge prepare for a move above 30k.
Trying to become a bull. Sooner or later will surely happen.
Good luck!
Just recently, on the daily chart BTC printed a triple bottom which is quite a bullish pattern showing some buying interest in this area.
If we go below 24/25k we are surely still in a bearmarket.
If we break out of this falling wedge prepare for a move above 30k.
Trying to become a bull. Sooner or later will surely happen.
Good luck!
Trade closed manually
Invalid TANote
Beware this might just be another false breakout to touch the top of the downward channel (falling wedge / bull flag) and drop more to find a lower bottom, below 25k.Related publications
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Related publications
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.