Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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This pattern looks like a massive rising wedge, we have not broken down yet, I think if this 44K level holds we can actually have another leg to 49-52K before dropping and coming back to 40K if not lower. Please be careful this area can be dangerous to trade. If we break below now next support is 40-42K.
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This pattern looks like a massive rising wedge, we have not broken down yet, I think if this 44K level holds we can actually have another leg to 49-52K before dropping and coming back to 40K if not lower. Please be careful this area can be dangerous to trade. If we break below now next support is 40-42K.
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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.