Coininator

Coininator

FALLING WEDGE (FW)... per Bulkowski's textbook "Encyclopedia of Chart Patterns": A Rare Bullish Consolidation, upon upside breakout, prices usually rise to the top of the formation (88% probability), at a minimum, in this instance a target of about 11800. Failure to meet target is only 10% out of 125 formations studied & is even a lower 2% if price closes more...

Coininator Updated 

See notes on chart.