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Bitcoin - USD Daily Falling Wedge Still in Play
BTCUSD
, D
BTCUSD: Bitcoin - USD Daily Falling Wedge Still in Play

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...

Bitcoin-USD Daily Falling Wedge Breakout & Near-term Price
BTCUSD
, D
Long
BTCUSD: Bitcoin-USD Daily Falling Wedge Breakout & Near-term Price
Updated 

See notes on chart.

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