Bitcoin / Tether USD
Panjang

Massive Falling Wedge Idea

90
This is sort of a wild idea, but ive been finding broken wedges and i have seen them play out. This would be insane if this played out but i wouldn't disregard it. Usually when price breaks out of a pattern the Stochastic RSI gets overbought for a bit, so thats why i project the SRSI to remain overbought as bitcoin climbs higher and higher around 30k, potential resistance area and then retrace for a handle and then another big leg up from the cup and handle if it forms. Just putting this idea out there with no hopes of it working, but there's a slight chance so i gotta show it. Not going in depth with this analysis but i could if i wanted. Gold pocket retrace and trying to bounce off it, declining volume overall and most recently sharp volume decline. There's a tiny bit of ta for you.. Lol

Penafian

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