FALLING WEDGE. Price is moving down, but the bearish momentum is decreasing. This may be a sign that price rise is going to come
Nota
This morning i was browsing for a few minutes and it appears that many of the Alt coins are on a downtrend. I look, and low and behold, Bitcoin has broken through! (see above Falling Wedge). In the big picture, this breakout is great news! I now believe we're on our way up! Because...as i mentioned... we were at a pivotal decision point. The falling wedge predicts up. However, the longer it lingers, the greater the chances of it eventually breaking through the bottom support and dropping. I did not want to see Bitcoin drop into a downtrend. Every time I trade, it's not paired against USD, but BTC. I always try to accumulate more BTC. However, when BTC rises, usually, the Alt's drop, as we're seeing right now. This will make it a bit harder for Alts ...i guess we'll see which alts are really strong atm. Good luck trading, i wish you all the best!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.