BTCUSD: 1D caught in broadening wedge

23 thg 5

As above.

Broadening wedge looking in paly for BTC price action on the daily chart and looking bearish in the near term.

Watching for continued supports and resistance levels and any bearish or bullish breakout of upper and lower trend lines of the wedge.

Will follow.

Good luck traders!

11 thg 6

Ghi chú

Double top rejection and still caught within the widening wedge/megaphone pattern...

18 thg 6

Ghi chú

Looking like bearish continuation, at least in the near term. 60K likely next target with some local support. Will follow.

24 thg 6

Đóng lệnh: đạt mục tiêu

As predicted above...will continue bearish trend, low 50K likely target after 60k support breaks. Will follow

4 thg 7

Ghi chú

Yep.... as above... down we go

6 thg 8

Đóng lệnh: đạt mục tiêu

WOW! Hell of a ride down but true to form!!!