The negative break out from the rising wedge is obvious. Applying Fibonacci vertically, retracement fits in perfectly. By applying it also horizontally for the time frame, the forecast shows the next stop at the strong support at 188 USD/BTC.
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.
