New to TA and just trying to figure it all out. Would love some feedback, thanks.
Comment:
Potential triple top in this case, but appears to be in line with the ascending triangle. However, they are slightly lower highs. I am looking to buy on support reversal at E for correlated altcoins like XRP and ADA and ride it to the top of the triangle. Stop loss if BTC reverses around 38k on E wave. It E wave breaks through, ride it to 40k+ BTC around 42k.
Trade active:
Appears to have formed a rising wedge with the higher high and dropping volume. Bearish?
Trade closed manually:
there she blows! Not bearish recently, that's for sure