It definitely looks more of a retest rather than a fakeout, with descending trend line holding strongly as support. The price has now reached the point of convergence of the wedge and touching ascending trend line . If this holds as support, we are seeing a trend reversal on the 4H.
Wolfe Wave – one more down before up Bitcoin / TetherUS BINANCE:BTCUSDT Gustavo-1911 I’m looking at a possible Wolfe Wave pattern. I have entered a short position at $31.500 with a target of mid 27k […]
BTC at the bottom of the channel.. rejection itme Bitcoin all time history index INDEX:BTCUSD krjcrypto BTC is ready to reject here and push for a bull rally swing in the medium term before coming […]
Falling Wedge ALGO/USD COINBASE:ALGOUSD RTrader20 ALGO building a falling wedge right on big support w/ slight bullish RSI divergence. ALGO held up better yesterday than most, which is a change in character. May be time […]