AKtrend

Falling Wedge and Heikin Ashi Candles

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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BTC following the trend lines so far. The lower trend line has enough of a slant for a falling wedge pattern.
Waiting to see how the next daily candles turn out to get a direction. We should see an upturn,
although a descent and bounce off the lower trend line is not out of the question.

We should see a retest at the 6800's, and with enough momentum, break through this. However,
this will present an opportunity for the bears to attempt to test the lower trend line . As long
as the bulls gain traction, enough of a momentum may propel BTC past the upper trendline.

We shall see..bulls..bears..and market movers/whales alike.
The Heikin ashi makes for easier visualization.

..just food for thought and discussion, and my humble opinion.
Comment: Also, the MACD is very telling, as well. I pasted an enlarged MACD from the same chart.