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cyberalchemy
Jul 4, 2021 8:42 AM

BTC - Bearish Descending Triangle Short

Bitcoin / TetherKuCoin

Description

Not financial advice
Comments
Mihai_Iacob
Very good!
Ostia_
The top line doesn't touch the second hump (jun 29)... idk if that makes it invalid but I feel it does.
cyberalchemy
@Ostia_, no that doesn't invalidate it. In any kind of wedge or triangle it is common for the highs and lows to be a bit off of exact. Even now the price has risen above the top line but it doesn't invalidate. Fake breakouts happen so I wouldn't consider this invalidated until at least 37k to 38k.
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