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 ativo
Correction, BTC testing wedge top on the daily (see chart) not 30 minute.
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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.