BTCUSDT: Rising Wedge Or a Miracle to Flip Upward?
BTCUSDT: Rising Wedge Or a Miracle to Flip Upward?
By the monthly chart, i would estimate a rising wedge that shows sign of exhaustion and slowing momentum.
It it dips, my guess would be towards 31k - 34 k. This is consider healthy reset.
The other side of the coin is flipping upward trend by purely fundamental analysis; an impact so great that it doesn't care what TA is about.
I would watch closely on Q1 and towards Q2.
Green lines are supporting line +/- 1k. Best spot to exist if your are trading mid term.
Yellow dotted line directions are all estimates. NO way i can be exact in weeks or even days.
Pls trade safely.
By the monthly chart, i would estimate a rising wedge that shows sign of exhaustion and slowing momentum.
It it dips, my guess would be towards 31k - 34 k. This is consider healthy reset.
The other side of the coin is flipping upward trend by purely fundamental analysis; an impact so great that it doesn't care what TA is about.
I would watch closely on Q1 and towards Q2.
Green lines are supporting line +/- 1k. Best spot to exist if your are trading mid term.
Yellow dotted line directions are all estimates. NO way i can be exact in weeks or even days.
Pls trade safely.
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626
"Trend charting as a pastime."
626
"Trend charting as a pastime."
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