Update from the previous idea. Looks like we touched the upper wedge line and have a further confirmation for this descending wedge.
(This is not financial advice, this is a volatile market where anything can happen)
(This is not financial advice, this is a volatile market where anything can happen)
Trade active:
Dropped a good amount, now moving sideways might go up a little bit and then continue dropping.
Trade active:
The big drop is about to happen, touching the lower wedge line
Trade active:
We had a small pump yesterday, which prevented the drop. But we touched the upper wedge line again and the market continues to be very indecisive at the moment.
Comment:
We are having a potential early breakout!
Trade active:
We fell out of the wedge earlier then expected because of some whale manipulation, maybe it is a bull trap and perhaps we will go down again to the lower wedge side arund $6200.
Comment:
And as I said it could be a big bull trap, and it is.
Big dump just happened, we might fall back in the wedge.
Big dump just happened, we might fall back in the wedge.
