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BTC - Falling Wedge (Reversal Pattern)

Long
Bitcoin (BITFINEX:BTCUSD)  
Architetto Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators
9
2
trendanalysis indicator
BTCUSD is experiencing a Falling Wedge which could conclude in a reversal pattern.

The next resistance level is set at 7750$. If it breaks, the next resistance will be set at 8500$ (symmetrical triangle).

Moving averages are near to get a Golden Cross, bullish trend.
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