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PrepForProfit
May 30, 2019 3:25 AM

Bitcoin Daily Rising Wedge  

Bitcoin / United States DollarCoinbase

Description

Rising wedge in an uptrend with declining volume. A move below the lower line of the wedge accompanied by increased volume would be bearish. Been waiting for a pullback since mostly exiting at $7750 on the way up. Bid filled at $8400 yesterday with more placed down to $7200 in anticipation of price testing some recent support levels before moving higher.
Comments
CopilotThe
1000 points Bitcoin range, get ready to trade between $9,000 and $8,000. Ascending triangle forming -> bullish sign

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