Forming a wedge

Bitcoin / U.S. dollarBitstamp

Description

⋅ Aug 9, 2021 9:30 PM

Forming of Wedge signs: (and so a local dip)
- Clear divergence on MACD
(between the two bigger highs
and also the second top in itself displays a divergence)
- The need to take a breath after a strong run
- Wick forming (also on the daily)

Chart Patterns

Comments

Mudrex

⋅ Aug 10, 2021 4:09 AM

Yeah correct, thanks for sharing and MACD is rising so hopefully this bullish momentum continues