BTC to 6k Falling wedge?

Well I've been doing my best to learn everything I can in the last 4 years and am still learning today and starting to trust my TA a little bit more recently as I've seen some people I have taken a lot of my knowledge from going one way while my research has told me different. So this is the first Ta I've been making public so I'd love any constructive feedback I can get on it but every thing I'm seeing now is this wedge pattern based on a trend line of all the all time highs and the recent price action of the last few days. I try not to put too much faith in one oscillator or one support level alone but everything together ( descending trend, RSI, Volume,Fib, And Cloud) all have me thinking were headed to or close too the 0 Fibonacci retracement. That level outside of the Fibonacci has had a significant amount of price action and should stand as a substantial level of support if we make a bounce. I'm currently awaiting price confirmation of where we close at the end of this wedge before I take any change in my positions. Thoughts questions feed back appreciated thanks!

-Cough
Bitcoin (Cryptocurrency)Chart PatternsdecendingFibonacci RetracementTechnical IndicatorsoversoldTrend AnalysisWedge

免責事項