We've got 2 scenarios here.
Scenario No.1 Falling wedge
Scenario No.2 Descending Triangle
No.2 would align with my long term view on BTC but the price refuses to break lower makes No.1 more and more likely as time flies by.
Either way swing traders will need volume on breakout for confirmation to enter a trade
###NOT FINANCIAL ADVICE###
Scenario No.1 Falling wedge
Scenario No.2 Descending Triangle
No.2 would align with my long term view on BTC but the price refuses to break lower makes No.1 more and more likely as time flies by.
Either way swing traders will need volume on breakout for confirmation to enter a trade
###NOT FINANCIAL ADVICE###
Trade active:
Both are looking good now.
Trade closed: target reached
