Rising Wedge and Bull Trap on Bitcoin chart
Rising Wedge pattern on Bitcoin chart.
While price was going up, volume was going down.
So, price action could be printing a bull trap.
The support already broke down once in the Asian session.
You might open a short position.
While price was going up, volume was going down.
So, price action could be printing a bull trap.
The support already broke down once in the Asian session.
You might open a short position.
Trade closed: target reached
Target Price hit 🤑 ✅.
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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.
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.