I know what Bitcoin is doing!
Yes ladies and gentlemen,
Your favourite llama is back. That triangle that I draw is very powerful reversal pattern.
Of course you can see the head and shoulders but price is touching resistance now, don't open long position yet.
Wait for a pullback in the red trendline.
Note
Trend to strong but 8500 is the resistance of the wedge... so I will think in shorting here
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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.