Good Evening fellas,
As you know Bitcoin has been bearish these last few days, and looking at the 4H chart, we can see we are aproaching the end of the Falling Wedge.
Lets wait for a breakout to decide, when to start our trades, right now its too risky. If we break up it is a strong bullish signal, but lets not forget we are still in a big triangle, that is almost in the end.
The best to do now, is to HODL or wait, waiting for a breakout.
This is my Bitcoin TA, and only my point of view of the charts. What is your opinion, do you agree?
This is not financial advice.
I will be updating this soon, if we get more than 20 likes.
See you soon gentleman,
Mr.TTT
As you know Bitcoin has been bearish these last few days, and looking at the 4H chart, we can see we are aproaching the end of the Falling Wedge.
Lets wait for a breakout to decide, when to start our trades, right now its too risky. If we break up it is a strong bullish signal, but lets not forget we are still in a big triangle, that is almost in the end.
The best to do now, is to HODL or wait, waiting for a breakout.
This is my Bitcoin TA, and only my point of view of the charts. What is your opinion, do you agree?
This is not financial advice.
I will be updating this soon, if we get more than 20 likes.
See you soon gentleman,
Mr.TTT
We have a breakout! We can see just after the breakout the whole market is turning green, however we still have to wait for this candle to close for a better bullish confirmation.
Right now bitcoin is fighting the 200 MA resistance and if we can get a close above, we can expect to see a small rally.
Will update soon, if we can get 15 likes! :)
Mr.TTT