Like the last time we have fear, pannic and descending broadening wedge in the market.
At the moment we have divergence on the 4 hourly which i think is going to bring us to the upper line of the wedge, but i also think we are going to be rejected from it because at the moment there isn't enough buying preassure.
If we come down to the support line again i am going to open a long position and buy a bunch of altcoins for cheap.
What do you think about this Descending Broadening Wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
At the moment we have divergence on the 4 hourly which i think is going to bring us to the upper line of the wedge, but i also think we are going to be rejected from it because at the moment there isn't enough buying preassure.
If we come down to the support line again i am going to open a long position and buy a bunch of altcoins for cheap.
What do you think about this Descending Broadening Wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
MP
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