BTC Ascending Broadening Wedge
Touch the upper trend line, then a partial decline to the 50ma/200ma and then breakout above. Target $8600
Nota
I entered long after the break above trend line and retest about $8132. Keeping my stop loss at entry now, if we don't see some good volume follow by the end of day then we could see this develop into a rising wedge (bearish).Nota
Closed position at $8210 with small profit. Not seeing any convincing volume that would go along with a breakout from a wedge. No positions now.Nota
Well, target hit and I was on the sidelines watching. Pattern was valid, good retest and volume was stagnating but not terrible. Biggest hurdle was my own emotions and psychological factors.
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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.