persistent channel or recent wedge
Hello friends,
Caveat, I've been trading successfully for a couple of years but don't really consider myself a guru, just a guy with an eye for patterns.
I've been swinging BTC over the past few days, taking a position each time price touches the top of the recent wedge (yellow). BTC seems to be repeatedly retesting this wedge top on the 30 minute. Meanwhile, the bottom of the long term uptrending channel blue is about to diverge from the wedge top. I'd appreciate any opinion as to which line BTC will follow going forward? Or could we be approaching a big upside breakout?
Caveat, I've been trading successfully for a couple of years but don't really consider myself a guru, just a guy with an eye for patterns.
I've been swinging BTC over the past few days, taking a position each time price touches the top of the recent wedge (yellow). BTC seems to be repeatedly retesting this wedge top on the 30 minute. Meanwhile, the bottom of the long term uptrending channel blue is about to diverge from the wedge top. I'd appreciate any opinion as to which line BTC will follow going forward? Or could we be approaching a big upside breakout?
Trade attivo
Correction, BTC testing wedge top on the daily (see chart) not 30 minute.
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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.