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brendanlonson
Apr 17, 2021 10:53 PM

Ascending Wedge BTC 

Bitcoin / United States DollarCoinbase

Description

There is still room to go up if purple support trend line holds. However, if we go below 55k, then we could be talking about this ascending wedge being validated and breaking downwards; and looking to buy at Fibonacci support levels for quick bounces if that happens.

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OBV indicator bearish div (SNXUSDT)

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Update for ya..



it's flagged and I think we will head down, triggered downtrend for the next 2-5 years. :)

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Notice how I called that move on the awesome oscillator.

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Perfect bounce off of 30k...

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