"BITCOIN" Rising Wedge Could be Bearish
Quick look at "BITCOIN" i.e. HarryPotterObamaSonic10Inu
Fairly clear rising wedge pattern at play with one false breakdown.
I would expect a retest of the lower trendline, after which watch for a close below that.
A retrace to the upper trendline is always possible, however statistically this is a bearish pattern.
On a breakdown, the first level is the pattern lows (red line), and the next is a measured move of the width of the wedge (orange line).
Fairly clear rising wedge pattern at play with one false breakdown.
I would expect a retest of the lower trendline, after which watch for a close below that.
A retrace to the upper trendline is always possible, however statistically this is a bearish pattern.
On a breakdown, the first level is the pattern lows (red line), and the next is a measured move of the width of the wedge (orange line).
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.