we tested 0.786 FIB support for the 2nd time now.
is it time to go up?
we need to break the trendline formed by lower highs. which is also part of the broadening descending wedge pattern. for all of you that are into patterns.
how high do we go?
we will see - if we stop below the previous peak (40k) then it is possible we will form a head n shoulders pattern - bearish.
if we go above 40k, first target is around 41k.
also pretty interesting on the YFIBTC chart.
much love to the trading community.
lets not just make us rich, lets make a wealthy world.
is it time to go up?
we need to break the trendline formed by lower highs. which is also part of the broadening descending wedge pattern. for all of you that are into patterns.
how high do we go?
we will see - if we stop below the previous peak (40k) then it is possible we will form a head n shoulders pattern - bearish.
if we go above 40k, first target is around 41k.
also pretty interesting on the YFIBTC chart.
much love to the trading community.
lets not just make us rich, lets make a wealthy world.