Gilbert12345

BIG wedge forming between many lines

BITFINEX:BTCUSD   Bitcoin
A BIG wedge is forming on the 4 hour chart between the downtrend line, the uptrend line, 200 MA, 50 MA and support line. I looked charts from many talented analysts here and came to this. Which way it will go, I wouldn't know. But it has to go eather up or down, and my guess is with a good punch.

What do you guys think?
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.