UnknownUnicorn416662

These aren't the Droids you're looking for!

Corto
UnknownUnicorn416662 Actualizado   
BITFINEX:BTCUSD   Bitcoin
Dear Reader,

On the hourly, we have a symmetrical Elliot Wave triangle atop a flag pole.

Will it break upwards? .. seems rather likely right now !
Am I still bearish? ... YES !!!

I believe a trap is being set as indicators are still showing bearish momentum and lower time resolutions confirm.
These are treacherous waters ... best stay out for the time being.
Comentarios:
Looking at the 4 hourly chart, this pattern has manifested as a bull flag at the top of an ascending wedge. It's really weird stuff !!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.