Bitcoin broke a triangle and a wedge, why is there no growth? What if a downward wedge is just being formed?
Forecast of possible price movement - $ 3,660 - $ 4,830 - HELL
In the picture above, you can observe the supposed fractal of two Descending wedges dancing with the harmonious pattern AB = CD: bear variety 61.8 / 161.8
Forecast of possible price movement - $ 3,660 - $ 4,830 - HELL
In the picture above, you can observe the supposed fractal of two Descending wedges dancing with the harmonious pattern AB = CD: bear variety 61.8 / 161.8
Comment:
Movement to the top C of the pattern AB = CD - reducing long positions, building up short positions to continue the upward movement
Comment:
MACD: extended bearish divergence - Bitcoin down
SRSI: heading down
CMF: reports weakness of bulls at 4H - going up early
SRSI: heading down
CMF: reports weakness of bulls at 4H - going up early
Trade active:
The graph shows an upward bearish triangle, continuing to move along a downtrend
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