Impressive btc bullbreak finally reaches top trendline of wedge.

The bullish fundamental news of Abra's crypto/stockpairings coupled with the powerful support of the weekly 200ma and the fact that we found support on the bottom trendline of the wedge before that have all factored into todays huge surge and return to the top trendline of the wedge(in green). Had I been paying attention today I would have definitely had a limit sell set up right below the top trendline of the wedge. However prior obligations allowed me to miss the action and now its best for me to wait and see if a bull flag is formed here...there's also a chance we could retest the trendline and if so I may limit sell at that point and place a stop buy about 3 and a half pips above the trendline as the risk to reward ratio will be good however I may just wait to see whether or not the bull flag confirms a bart or not instead at this point. maybe a small percentage on both....this far above the 4hour sell line I'm only willing to put up a small percentage and find it wiser to buy the dips whenever you close more than 5 4hour candles above the 4hr buy sell line and 3 or more above the 1 day buy sell line(50 simple moving average).

Comment:

We can see our 4 hour 200 simple moving average(in blue) is currently acting as double reinforced support with one of our former strong horizontal teal trendlines. Hopefully the overlapping supports will be enough to hold the price action up above that and allow for a bull flag here.