The_Cobra

Rising Wedge on Right Shoulder on Daily/4 Hour

Singkat
The_Cobra Telah dikemas kini   
BITFINEX:BTCUSD   Bitcoin
We are near the breakage of a rising wedge on the 4 Hour/Daily chart. Granted we could see bitcoin push a little higher due to FOMO, but this looks quite bad from a TA standpoint. I am very confident we are going back to bear territory. Its a classic FOMO cycle. Even news outlets and CNBC are in full FOMO mode (and encouraging it)

Remember Chase CEO Last year. Guys please manage risk.
Komen:
Looks like we have seen the drop start.

(note: if you are sick of bitmex overload sign up to Direbit to help support my efforts on making charts)

www.deribit.com/reg-1966.6562?q=home
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.