sebdawg

sebdawg

Possible break out here.

sebdawg

With a downward breakout from the wedge we get a confirmation of both a double top and what appears to be a head and shoulders. Looking for some price action either way.

sebdawg

Will we see bitcoin price re-enter the wedge?

sebdawg

If a breakout occurs here supported by volume it could signal the correction is over.

sebdawg

BTC price had broken a symmetrical triangle (wedge) to the downside and created a downward channel. It's currently fighting to break out of the channel. Will it break out positive? Time will tell but my current thoughts are that it can go lower.

sebdawg

Wedging down

sebdawg

H&S

sebdawg

wedge test.

sebdawg

Wedge