BitcoinLong
Formation of 3.5 month falling wedge
Insofar two shorter-length AW are playing out within a longer-term FW. It seems reasonable based on that and bearish fish we see one last leg down to low 40's area. Notice the green box is the last stop for meaningful volume to kick in before free-falling to high 30's. That tail of the volume cluster also correlates with low 40's price.
I use mostly fibs, but someone with an EW background may view this to be a kind of wave, in which case I would love to hear about it.
I use mostly fibs, but someone with an EW background may view this to be a kind of wave, in which case I would love to hear about it.
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