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Over-9000!

Easy as 1,2,3 A,B,.... CWave B: "Narrow, emotional advance. Aggressive euphoria and denial." The ride up to 20k was accompanied with multiple tests of the MA 150 with not a single break below. Here we've left it completely behind. This run has disregarded every legitimate possibility of considering itself an actual bull run, but price is going up so naturally we call it so. The herd goes one way, I go the other. Wave C: "Strength, breadth. Prices decline relentlessly. Fundamentals ultimately collapse in response." Could it be that easy?
COINBASE:BTCUSDShort
by Bohrbtc
1
BTCUSD goes super sayian once again! Can it hold above 9k?We can see here we have now reached the 8827 target we had for the breakout target of the small yellow falling wedge and have since broken above that. However, just above that we have found a candle rejection on a potential rising wedge pattern I have been watching develop over the past 2 weeks and this rejection is only giving further legitimacy to this wedge pattern. If the wedge is indeed legit, we all know rising wedges have a tendency to break to the downside so we must keep a close eye on how price action reacts here. Of course in this current bull run we have already broken up out of a rising wedge wedge once already so there's a chance we could do so once again. Since it is reacting to the wedge's top trendline resistance I have to leave this idea as neutral for now. Even if the wedge did ultimately eventually break down though there's still a chance we could have a big wick all the way to 9.6-10k before it came crashing down back into the wedge and then breaking down so there is still a way we could reach our original target and the wedge still gets validated...also a chance we blow right past the wedge...this is a very crucial range so vigilance is a must. However now that we have broken above 9k its time to bust out those Dragonball Vegeta memes while you still can. "IT'S OVER 9 THOOOOOOUUUUSSSSAAAANNNDDD!!!"
BITSTAMP:BTCUSD
by DrDovetail