Rising wedge into 200 day moving average
If this idea is invalidated. I'm going to fasten my seat belts and hope for a retest of 200 day moving average to fill my long bids. Until then my priority remains catching downwards moves.
Greed is rising, long overexposure in increasing and buyer exhaustion is beginning to increase.
My impression is that this upwards movement is caused by Iran FUD, followed by FOMO pump, which is now breaking resistance, but could dump really hard any time soon.......
Greed is rising, long overexposure in increasing and buyer exhaustion is beginning to increase.
My impression is that this upwards movement is caused by Iran FUD, followed by FOMO pump, which is now breaking resistance, but could dump really hard any time soon.......
Trade attivo
if it breaks down from here, happy to only be flat usd. If bulls push up above 8600 Ill flip flat into btc with tight sl, in case we break 200 day ma resistance.
Nota
Shout out to Trading V2, who send me pm pointing out the wedge!tradingview.com/u/TradingV2/
Nota
Reflection after pump yesterday
Nota
sharpening my view on it today
Nota
First yellow target on upper resistance of wedge should be forgotten, way to risky
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.