stewdamus

Rising Wedge on 4 Hour

Short
stewdamus Updated   
INDEX:BTCUSD   Bitcoin
As BTC trends up these past few days, it has formed this bearish ascending wedge on the 4 hour. It is something we should be tracking as we get nearer to a break down.

Stew
Comment:

Today we start our drop. 64k would be the target for the 4hr. From a daily perspective, we could go lower but we have to keep our eye on dxy, vix, gld, spy, nvda, etc. to know.

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