BTCUSD AScending Wedge and Double Top or M
BTC USD on the 1hr chart Bittrex. Double top and a downtrend inidicating slow retracement from the ATH.
I will say that this is BTC King of Coin and there has been a lot of TA that has not played out. So I am 50/50 on this due to current market conditions.
If we continue to form lower lows and stick to the channel then we may be on our way to a correction that would allow the market to breath.
MArket appears to be exhasuted at the moment.
If I am mistaken please feel free to correct me constructively so all may learn.
Not trading advice I am not a financial advisor or licensed Crypto Trader: This is my personal observation and comments only.
I will say that this is BTC King of Coin and there has been a lot of TA that has not played out. So I am 50/50 on this due to current market conditions.
If we continue to form lower lows and stick to the channel then we may be on our way to a correction that would allow the market to breath.
MArket appears to be exhasuted at the moment.
If I am mistaken please feel free to correct me constructively so all may learn.
Not trading advice I am not a financial advisor or licensed Crypto Trader: This is my personal observation and comments only.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.