Since the start of this last week bitcoin as tested many times the 4K level. I see it as a last final 5 waves structure to complete this potentially rising wedge on the higher time trames.
Comment:
I think we are completing an inverse head and shoulders pattern.
Comment:
That idea is no longer valid ;)
Order cancelled:
Stochastic RSI on the weekly turned bearish with a downcross. Target: $3600
Trade active:
I re-opened my long. I made a mistake. I think we are experiencing bullish divergence on the higher timeframes.
Trade closed: target reached:
We reached $4103 now it's time to short!!