No reason to think BTC will leave this wedge anytime soon. As volume lowers and we drift towards the tip of the wedge, one can only conclude that the bears are still in control. Trade with the trend and remember, having no position sometimes is the best position.
This healthy correction was anticipated for months by some, and is a very good thing. I think BTC will climb back out of the pits and that we will see a strong year for growth.
I also think that this will be the year of the shit coin and the last big hurrah for bullshit ico's. Guard your investments wisely and do not let fear and greed make your decisions for you.
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace
This healthy correction was anticipated for months by some, and is a very good thing. I think BTC will climb back out of the pits and that we will see a strong year for growth.
I also think that this will be the year of the shit coin and the last big hurrah for bullshit ico's. Guard your investments wisely and do not let fear and greed make your decisions for you.
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace