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nick203

BITCOIN POSSIBLE LONG OPPORTUNITY

Long
Bitcoin (BITFINEX:BTCUSD)  
nick203  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD cryptoreversal btcusdlong Descending Broadening Wedge Wedge reversal Bitcoin (Cryptocurrency) bitcoinforecast
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trendanalysis chartpattern btcusd cryptoreversal btcusdlong descendingbroadeningwedge wedgepattern reversal bitcoin bitcoinforecast
There is a descending wedge forming on BTCUSD right above an important support level. I wouldn't be surprised if we move a bit lower to the support level before breaking out of the wedge. Keep in mind the wedge will only be validated when we break AND close above the pattern.

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