70% confident this is a rising wedge
Commento:
80% confident
Commento:
This would make a 3rd touch .. and if I know bitcoin, 4th touches are rare... so if this wedge breaks it may break on this round just a heads up
Commento:
possibly a repeat of the last cycle
Commento:
heavy bear pressure ... algo is dumping
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
Commento:
Still in the wedge. Did not expect to be at the top of it.
Ordine annullato:
formation broke (up)
Commento:
if this dips here the wedge may still be valid... but to be honest I do not know what to expect after seeing bitcoin touch 7k
Commento:
the fact it respected my backup line is interesting