PipEze

BTC - Rising Wedge - Possible Price Drop

PipEze تم تحديثه   
BITFINEX:BTCUSD   بتكوين
BTC/USD is forming rising wedge pattern.

All in place:
- at least two reaction highs to form the upper resistance line, ideally three, each reaction high should be higher than the previous high
- at least two reaction lows are required to form the lower support line, each reaction low should be higher than the previous low
- ideally, volume will decline as prices rise and the wedge evolves

This information is not a recommendation to buy or sell.
تعليق:
First target 10300 as it will be retest of down-trending channel brake out.
تعليق:
Pattern still valid
تعليق:
30 MIN chart pattern still valid.
تعليق:
BTC broke resistance of wedge
تعليق:
Pullback. Looks strong but volume is not convincing
تعليق:
Going down really fast. Daily volume is already higher than yesterday and we still have 13 hours of trading today.
تعليق:
Approaching support - strong one.
تعليق:
10300 reached like I said 5 days ago. For more updates please go to new idea
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