Diupdate
POLKAstarter// Falling Wedge
Price has currently broken out of the falling wedge , which is bearish in nature but a bullish pattern , and is now retesting the broken zone.
We can expect a bullish impulse after this retest. However, it will be best to react to a move rather than enter too early.
There is still a possibility of BTC dipping some more to finally retest ~40k. Alts will follow suit as a result. If you do decide to enter early however, a decent stop would be below the lowest low which pierced the support drawn.
Let me hear your thoughts.
We can expect a bullish impulse after this retest. However, it will be best to react to a move rather than enter too early.
There is still a possibility of BTC dipping some more to finally retest ~40k. Alts will follow suit as a result. If you do decide to enter early however, a decent stop would be below the lowest low which pierced the support drawn.
Let me hear your thoughts.
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Should have mentioned each fib is a TP. Price back at breakeven.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.