BTCcoinsultant

Bitcoin's Rising Wedge.

BITFINEX:BTCUSD   Bitcoin
0
Bitcoin prices are starting to converge with a rising wedge formation. $250 is my target breakout zone and at present levels a breakdown would occur if $235 is breached. The breakdown support line will shift to $240 if we keep moving within the range of this wedge.

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.