🐼Bitcoin has formed 3 formations in one. Two of these formations are bullish (inverse head and shoulders and ascending triangle) and one is bearish (rising wedge) .
I'm waiting for the break of the neckline to go long. Stop losses below the bottom support line of the ascending wedge. As you can see by the volume , the break out hasn't happened yet. I think many traders have the lines drawn wrong on this one. Wait for the real break out.
Good luck and stay safe .
Never leverage more than %5 of your account
Take profits early
🐼
I'm waiting for the break of the neckline to go long. Stop losses below the bottom support line of the ascending wedge. As you can see by the volume , the break out hasn't happened yet. I think many traders have the lines drawn wrong on this one. Wait for the real break out.
Good luck and stay safe .
Never leverage more than %5 of your account
Take profits early
🐼