BTCUSD: 1D caught in broadening wedge
Updated
As above.
Broadening wedge looking in paly for BTC price action on the daily chart and looking bearish in the near term.
Watching for continued supports and resistance levels and any bearish or bullish breakout of upper and lower trend lines of the wedge.
Will follow.
Good luck traders!
Broadening wedge looking in paly for BTC price action on the daily chart and looking bearish in the near term.
Watching for continued supports and resistance levels and any bearish or bullish breakout of upper and lower trend lines of the wedge.
Will follow.
Good luck traders!
Note
Double top rejection and still caught within the widening wedge/megaphone pattern...Note
Looking like bearish continuation, at least in the near term. 60K likely next target with some local support. Will follow.Trade closed: target reached
As predicted above...will continue bearish trend, low 50K likely target after 60k support breaks. Will followNote
Yep.... as above... down we goTrade closed: target reached
WOW! Hell of a ride down but true to form!!! 
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