GeorgDer3

Short term more downside but mid-long term expected break upside

Long
GeorgDer3 Updated   
BITSTAMP:BTCUSD   Bitcoin
I expected short term prices in the low 50's followed by a break of this rising wedge upside in early 22
Comment:
Along the tops (Mar-Apr & marginally higher in Oct-Nov) we saw substantial selling pressure, the wicks pointing to potential short term exhaustion
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.