Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance.
So is this last wave just a Bull Trap? Are we destined to go up just enough before correcting?? Or will this wave take us a good distance upwards, validating the Golden Cross of the MA50 over the MA100??
*This will be the FIRST Time I have gone against what the Transactions have told me.
We will see.
So is this last wave just a Bull Trap? Are we destined to go up just enough before correcting?? Or will this wave take us a good distance upwards, validating the Golden Cross of the MA50 over the MA100??
*This will be the FIRST Time I have gone against what the Transactions have told me.
We will see.
Trade fechado: objetivo atingido
Scary how accurate that was..s3.tradingview.com/snapshots/r/r7x9LC93.png
Nota
Price has broken down and entered into red box, as predicted.s3.tradingview.com/snapshots/r/r7x9LC93.png
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.