wallstkings

BTC Rising Wedge

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin is currently is a rising wedge, a good sign for the crypto. I did move my support line down to line up with the wicks instead of the bodies, and this way it lines up perfectly with the correction we saw last night. From here we should see a continued consolidation in the wedge until an eventual (sharp) breakout upwards.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.