So i did chart this on my channel on telegram two days ago claiming that i was taking profit cause of this rising wedge and since that price has been dropping into that blue box just like this : By jumping so fast into that area with a good volume sell, my attention has been dragged to the point that even if weekly macd its pointing up to the bullish cross : I really think that this could be a bull trap to a new lower low. But if it is not the way that market makers wont choose, btc price will break up this rising wedge doing a giantic green dildo and going parabolic to at least 7.5-8k. The risk reward in this zone is enough shitty to make it a no-trade zone for me. Got out of most alts since dominance keeps rising and seems to not be going down.
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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.