Rising wedge

٣٠ مايو ٢٠١٩

Rising wedge on BTC, current ascent, even if supported by all good news is not sustainable ling term.

The wedge could be sharper, depending on where the bottom line starts. I start mine after a solid move, and I do not include that move.

١ يونيو ٢٠١٩

ملاحظة

If the wedge will break I expect the price to move in the orange boxes on the chart, marked by the 0.382 and 0.618 Fib levels.

٤ يونيو ٢٠١٩

ملاحظة

Target reached, wedge broke.

٩ يونيو ٢٠١٩

ملاحظة

After a small bounce, we are going for the second target. I believe we will touch 7100-7200, 0.618 fib.