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 [/ i] [/ b]
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
Trade active
⋅
The graph shows an upward bearish triangle, continuing to move along a downtrend