Last time when they crossed we had another leg down. Let’s see if it’s going to repeat this time
Ascending wedge & Head-shoulder target
Ascending wedge breakdown target
Ascending wedge - bearish divergence
Ascending wedge - bearish divergence
Price may go sideways & drop within highlighted yellow area, with price target @$28,000
Let's see if this play out.
I put the purple trend line at least half an hour before it dipped, i should have sold it after seeing the trend kept going downwards. And of course Robinhood had to do their daily maintenance where basically you can't trade BTC during that time. I was stuck & helpless watching BTC dipped right before my eyes... Lesson learned: Don't use Robinhood for Bitcoin...