70% confident this is a rising wedge
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80% confident
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This would make a 3rd touch .. and if I know bitcoin, 4th touches are rare... so if this wedge breaks it may break on this round just a heads up
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possibly a repeat of the last cycle
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heavy bear pressure ... algo is dumping
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
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Still in the wedge. Did not expect to be at the top of it.
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formation broke (up)
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if this dips here the wedge may still be valid... but to be honest I do not know what to expect after seeing bitcoin touch 7k
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the fact it respected my backup line is interesting