Bull Flag | Falling Wedge Forming

2024年6月15日

Might be a drop here down towards the 200 day EMA/MA and the bottom of this bull flag or falling wedge on the daily.

This could provide some reliefs to #alts vs. BTC while Bitcoin corrects down to 60-63k area

Short-term short until 53-54% area, then long again, may range within the wedge for a while, too.

2024年6月18日

取消訂單

Initially moved down from wedge top but has since broken above, invalidating this idea and now targeting 58-59%

2024年6月18日

交易進行

I'm actually re-opening this, the breakout is looking weak as wedge top is being re-tested on the daily. Let's see if it holds and invalidates this idea or if it ends up moving back inside the wedge and down again:

2024年6月19日

交易進行

Moved back inside the wedge, back on track with the original idea after a failed breakout above: