The_Syncretist

BTC/USD Rising wedge or cup n handle? Which one plays out?

INDEX:BTCUSD   비트코인
BTC has broken some major resistance levels over the last week. The slopping dotted trendline and key 52-53k range have both been broken and price is retesting that 53k level in an attempt to flip it into support. However, a potential macro rising wedge(usually bearish pattern)is continuing to rear its head as we find local resistance right at the top trendline of the pattern. A potential macro cup n handle pattern(usually bullish pattern)can also be seen in the price action. Which pattern.. if any.. do you think plays out? I would appreciate your insight and any sincere feedback as this is my first post. If you appreciate my analysis and would like to see more of my future work please hit the like button and subscribe. Thank you for your support and I wish health, wealth and prosperity to you and yours.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.