Sorry about this, I'm really not a Bitcoin guy, but something interesting is afoot. See my previous post on Bitcoin for a much longer discussion. But, having read that first, note the following in this chart: the pink line is the Greater Bull Flag, the blue line is the lesser bear flag within that bull flag, and I've added a bearish rising wedge (orange) that has been forming over the last few days.
I then noticed that it's very carefully respecting the slope of the bottom of that rising wedge, and so I went in and drew it with great precision.
And having done that, we can now see that the rising wedge is going to compress into the bull flag channel...wait for it: by tomorrow night! I think something dramatic is upon us. Interesting!
I then noticed that it's very carefully respecting the slope of the bottom of that rising wedge, and so I went in and drew it with great precision.
And having done that, we can now see that the rising wedge is going to compress into the bull flag channel...wait for it: by tomorrow night! I think something dramatic is upon us. Interesting!