BTC continuation or breakdown?
Nearing decision point at the end of rising wedge...
Volume is low and indicators suggest a downturn is more likely than not, but Bitcoin Gold hardfork is in 4 days and the trend has been up and up.
Selloffs are getting absorbed, dips are being bought. I have no doubt the end is near though.
Risks are mounting by the minute, yet longs have potential gains and definite sell signals are absent.
Good luck and happy trading!
Volume is low and indicators suggest a downturn is more likely than not, but Bitcoin Gold hardfork is in 4 days and the trend has been up and up.
Selloffs are getting absorbed, dips are being bought. I have no doubt the end is near though.
Risks are mounting by the minute, yet longs have potential gains and definite sell signals are absent.
Good luck and happy trading!
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