bitcoin Bearish
As you can see, in the weekly time frame we have an ascending wedge and this is not good at all.
Divergence is also evident
Basically, a rising wedge indicates a falling market.
Divergence is also evident
Basically, a rising wedge indicates a falling market.
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.