Bitcoin which wedge is right? [BTFD]

8400 next resistance to get over for the bulls

so which will it be?

wedge or triangle

yellow areas are demand and supply zones

Trade aktif:

the battle is on again....

Komentar:

Bitcoin is trading above $7,400 as of now which is confidence inspiring and definitely a good sign. Its formed higher highs and higher lows and the price action seems to be on the point of a reversal. Currently, Bitcoin is trading in a rising wedge on 1hr and descending wedge on the 4hr yet with very low volume. RSI is at overbought levels on the 1hr chart.

expecting big things on the 5th/6th June

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not broken down yet, lets see what happens at the trend lines

staying in the upper gann fan area too, so hard to judge, like a knife edge

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RSI showing the price will come down again to test lows

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Komentar:

broke out of the triangle formation, which is a good sign

wanna see a push towards $7k for bulls to be back in control....