Rising Wedge and Negative Divergence at BTC for BITFINEX:BTCUSD by alperbeg — TradingView

Trend Analysis

trendanalysis

It looks like too close to correction.

Comment:

snapshot

Well, ABCD formation also pushing price back.

It is likely to hit 7.3 and get back 7.6.

Comment:

snapshot

Well correction could not break the support and another ABCD formation is on way. Top is 9.5 and if it break the 9.5, 10k+ will be next station for BTC.

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