hjusinski

Classical Wedge - Small retraction to 3700 before 5k (Sept-Oct)

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A classical wedge forming on 1d-1w weekly chart. Resistance @4200 will break wedge to next lows around a strong support @3700. Then buying power will push price to ~5k+ (Sept-Oct).