Falling Wedge Reversal Pattern entering pivot area.

3 thg 7, 2018

The BTC/USD falling wedge reversal pattern is entering into a narrow bound range and will break out to the upside shortly. Exact timing is unknow, but keep an eye on volume near the top of the wedge boundary...

27 thg 7, 2018

Giao dịch đang hoạt động

Reaching the resistive top of the wedge took a little longer to reach than anticipated, but once reached, it tracked along it for a while, then broke out to the upside.

Waiting to see if there is a retrace back to retest the old resistance line, as newly confirmed support. I don't think it will though.