Bitcoin
Updated

Ascending Broadening Wedge

398
Ascending Broadening Wedge

A couple links if you want to read about them:
thepatternsite.com/abw.html
elliottwaveanalytics.com/2010/08/ascending-broadening-wedge-patterns/
Note
Broke downward like anticipated. Time to look for possible price resistances and next patterns. snapshot
Note
Still bullish long term from here atm. Link to long term prediction:
Accumlation zone!!
Note
(Red line does indicate I think we are going straight down to it)
snapshot
Note
(Red line does not**** indicate I think we are going straight down to it)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.