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BTC Wedge Approaching 3 Targets
Bitcoin
Short
BTC Wedge Approaching 3 Targets
By JohnnyBullXRP
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Aug 4
5
1
1
Aug 4
3 Targets derived from the rising wedge that developed into the Trump Speech looking for a final low before the Bull Run can begin.
1) Rising wedge target ~57k lining up with 0.786 fib of that move.
2) Bear pole leg into the rising wedge gives us target 2 around 52K if 57k does not hold.
3) More unlikely we go this low but ~49k for the entire bear pole leg going into the wedge as target 3.
Bearish Patterns
BTC
Chart Patterns
Fibonacci Retracement
Technical Indicators
Rising Wedge
target
Trend Analysis
wedgebreakout
JohnnyBullXRP
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