BTC Rising Wedge - Break Imminent

28 thg 4, 2020

Bitcoin is in a rising wedge for the last couple of days, the break is imminent as the price range tightens. We just broke a 4HR equilibrium bullish, which is a bullish signal, but didn't got much follow through. We have a must hold support in the $7700 zone, breaking we should look for a daily higher low compared to $6750. Set a couple alarms as I will be in a position and away from the PC.

Volatility spike is underway as Litecoin already broke bullish.