mdyassink

BTCUSD September Falling Wedge Pattern - Breakout Possibility

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
September has typically been a weak month for BTC . It would seem that for most of September, a falling wedge pattern has formed.

Am expecting a bullish breakout. Wait for a breakout with confirmation before considering a long position. Beware of fakeouts.

Just sharing an observation.