losingup

Testing the wedge! Next stop 4400

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Graph and title say it all.
Comment: This makes a lot of sense on the weekly sticks.... closing the Sunday out on the bottom rung of the falling wedge. Maximises uncertainty for next week.

But i'm under the impression, that we broke into the wedge, now we test the bottom, before testing the top. And then see!
Trade active: This is from 2014/15. I think we're kinda repeating this general pattern. Now we should stay within the wedge, testing the top & bottom until we run it right to the end, which retests the 3200/3300 bottom. After that, we should run sideways, perhaps a third test of the bottom come October or so. And then we're good for the next bull run.

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