Nugacity_Fracedinous

Bitcoin potential rising wedge

BITSTAMP:BTCUSD   Bitcoin
If you look at my previous related idea, Bitcoin broke the first triangle upside and it doesn't seem to be a fakeout at the moment.
Bitcoin could form a potential rising wedge giving an opportunity to play both short and long for swing traders and scalpers or DCA for holders.
It could recover 42K this month and breaking a new ATH around 45K if February performs the same performance as January.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.