I’m not shorting this one but I thought it’d be great to have an idea of what’s the next potential target if we broke down the lower support of the raising wedge.
Bitcoin on uptrends tends to disrespect bearish patterns so I wouldn’t personally trade this short myself. Be very careful with fake outs!!!
Target for the upside as usual is the height of the wedge.
Personally I think a pullback now will do much better to securing a sustainable bull run rather than keep having too many green days in a row which tends to cause more dramatic pullbacks.
Bitcoin on uptrends tends to disrespect bearish patterns so I wouldn’t personally trade this short myself. Be very careful with fake outs!!!
Target for the upside as usual is the height of the wedge.
Personally I think a pullback now will do much better to securing a sustainable bull run rather than keep having too many green days in a row which tends to cause more dramatic pullbacks.
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