Rising Wedge on Right Shoulder on Daily/4 Hour

28 Ağu 2018

We are near the breakage of a rising wedge on the 4 Hour/Daily chart. Granted we could see bitcoin push a little higher due to FOMO, but this looks quite bad from a TA standpoint. I am very confident we are going back to bear territory. Its a classic FOMO cycle. Even news outlets and CNBC are in full FOMO mode (and encouraging it)

Remember Chase CEO Last year. Guys please manage risk.

30 Ağu 2018

Not

Looks like we have seen the drop start.

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