ssari

BTC (Y20.P5.E19).Rising wedge or in a channel?

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FTX:BTCPERP   Bitcoin Perpetual Futures
Hi All,

BTC is over performing in the time frame its done it with so far .... so be cautious about leveraging.

I have 3 scenario's where price can pop above the wedge and make a new high again or we have it hit the top of a channel.
We can possibly go down and grind the bottom of the wedge after we hit 2o.8k or something and this weekend will be interesting.
Its likely that when we make a new high, that volatility will return and depending were it stalls, the Alts can rally.

I think its time to HODL and be patiently waiting to see the next clues.


All the best,

S.SAri


تعليق:
تعليق:
so far the results makes confluence with my line or levels
تعليق:
تعليق:
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over performed and hit the 1.618 fib extension.
Next what? December is a bullish period so it can likely go higher
تعليق:
key level to hold otherwise...

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