🔥 Thought Experiment: What Do You See?
I've made some changes to a well-known chart to attempt the removal of any potential biases.
Does this chart look bullish or bearish to you?
To me, it looks like a rising wedge pattern which broke bearish, retested the support as resistance and is currently on its way down. I would've liked the wedge's support a bit steeper honestly, but the current angle does the trick.
In any case, it's looking like the chart wants to go down.
Share your thoughts 🙏
Does this chart look bullish or bearish to you?
To me, it looks like a rising wedge pattern which broke bearish, retested the support as resistance and is currently on its way down. I would've liked the wedge's support a bit steeper honestly, but the current angle does the trick.
In any case, it's looking like the chart wants to go down.
Share your thoughts 🙏
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.