Expanding ending diagonal (megaphone pattern) in five waves finished off last week. ABC moves for each of the five waves. Broke down below RSI support and now backtesting it, just like Bitcoin did before starting a correction last night. Also, noticed how Bitcoin have been leading SPX in serious corrections the past year? Things to watch: breakout of the VIX falling wedge.
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.
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.