BitcoinPembelian
BTC FALLING WEDGE INSIDE BEARISH LONG TERM PATTERN... BREAKOUT?!
Summary: Found something interesting today, realized there was a falling wedge (bullish pattern) inside a longer bearish descending triangle.
Note: This is solely based on TA and any FA could cause a change. My longer term bearish outlook still plays as this wedge is inside that. It is provided below.
Bullish Points:
- A falling wedge would give BTC quite a bit of momentum as we test this upper trend long term trend line. The next trend line spot would be 6600-6700 which looks to be happening within the next month.
- RSI has been consolidating sideways within the wedge drawn.
- Volume has been consolidating as well on a longer period
Long Term Bearish Descending Triangle:
Note: This is solely based on TA and any FA could cause a change. My longer term bearish outlook still plays as this wedge is inside that. It is provided below.
Bullish Points:
- A falling wedge would give BTC quite a bit of momentum as we test this upper trend long term trend line. The next trend line spot would be 6600-6700 which looks to be happening within the next month.
- RSI has been consolidating sideways within the wedge drawn.
- Volume has been consolidating as well on a longer period
Long Term Bearish Descending Triangle:
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.