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KevinFargason

BTC - Falling Wedge + bullish divergence on RSI

Long
Bitcoin (COINBASE:BTCUSD)  
KevinFargason Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Wedge
12
6
trendanalysis supportandresistance wedgepattern
We can see that the price has touched the top of the wedge 3 times so far, each at key S/R levels. I believe this is the final leg down before the next bull run. BTC will have to revisit tough resistance at 8500, 9900, 11600 and 13000 resistance levels during the next run up so it wont be easy. I'm looking for a reversal around the 7000-7300 zone.
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