Hello traders,
Here is a interesting pattern, we are seeing a inverted HS in Bitcoin and most of altcoins that are following price. Now the price is forming also a ascending wedge, which will probably be the breakout of the inverted HS, take in mind that the ascending wedge is a bearish pattern, so for the longterm it may break down!
This is a short term trade that i wanted to share with you
Here is a interesting pattern, we are seeing a inverted HS in Bitcoin and most of altcoins that are following price. Now the price is forming also a ascending wedge, which will probably be the breakout of the inverted HS, take in mind that the ascending wedge is a bearish pattern, so for the longterm it may break down!
This is a short term trade that i wanted to share with you
Comment:
Currently opened also a position in XLM, seems following BTC price nicely.