70% confident this is a rising wedge
Note
80% confidentNote
This would make a 3rd touch .. and if I know bitcoin, 4th touches are rare... so if this wedge breaks it may break on this round just a heads upNote
possibly a repeat of the last cycleNote
heavy bear pressure ... algo is dumping we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
Note
Still in the wedge. Did not expect to be at the top of it.Order cancelled
formation broke (up)Note
if this dips here the wedge may still be valid... but to be honest I do not know what to expect after seeing bitcoin touch 7kNote
the fact it respected my backup line is interesting
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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.