Bitcoin forming a restest wedge
Updated
BTCUSD is forming a wedge to retest recent breakout support. Watch for a move up and out of the wedge that takes us back towards the $20,000 level.Trade closed: stop reached
Bitcoin broke support, original trade idea invalidated. Right now is a good time to close the trade on the retest of broken support.
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.