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tartankiwi
Nov 7, 2017 3:53 AM

Clear Ascending Wedge  

Bitcoin / U.S. dollarBitstamp

Description

Speculative only - not advice.

Clear ascending triangle formation with climax post S2X - Expected that we will touch and briefly break 8K within the next week, followed by substantial sell off as per previous major resistance levels at 3K & 5K.

Previous resistance should form new support so expectation would be a return to the $5 - 5.5K levels notwithstanding any major news.

Comment

*Correction - Clear ascending Wedge
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