So I charted a diamond formation that broke down on the 30min. The price bounced off of a previous low (2nd lowest from first pennant low) of around 31k. It then went up to form a rising wedge, which weirdly I found out crosses almost perfectly with the front of the diamond…..bullish or bearish? Idk but I might lean more bearish as its a rising wedge trying to break a diamond. Thoughts? Or just random coincidence?
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