kdiav

Possible Ascending Wedge doom

BITSTAMP:BTCUSD   Bitcoin
An ascending wedge is in play and could cause massive rektage with all the over-leveraging going on right now.
Could bring us down quite a bit.
However, a (clear) break of the upper line will invalidate it and should avoid that drastic pullbacks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.