A log-scale retest over the weekend could give Bitcoin a solid foundation to continue its bullish trend north towards the previous "highs" in the 11500 zone.
<1D indicators showing signs of a moderate move north, however, a loose bearish rising wedge is currently in play.
Currently long until 9050.
No plans to short unless I can actively monitor.
Will re-buy near log-scale downtrend otherwise will re-assess after closed daily outwith current set-up.
<1D indicators showing signs of a moderate move north, however, a loose bearish rising wedge is currently in play.
Currently long until 9050.
No plans to short unless I can actively monitor.
Will re-buy near log-scale downtrend otherwise will re-assess after closed daily outwith current set-up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.