Triangle vs. w-shape pattern... whats next for #SPX and #Crypto
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Bearish scenario: A possible triangle on Wallstreet and SPX would likely break to the downside since trend came from downside direction - trend continuation.
Bullish scenario: A possible w-shape pattern could play out with a big bullish signal after inhibitions before FOMC - positive impact on Bitcoin and Co as consequence.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice do your own research before investing
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.