BTC have been rejected already 3 times by the trendline (which becomes weaker and weaker each time)
But I see as well and ascending wedge which can results with a drop to 42800 soon.
So we have 2 scenarios :
1) Break out at 50.000 > 55.000 firs target
2) Break down > 42800
What do you think ? I am more bearish for now
But I see as well and ascending wedge which can results with a drop to 42800 soon.
So we have 2 scenarios :
1) Break out at 50.000 > 55.000 firs target
2) Break down > 42800
What do you think ? I am more bearish for now