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hardforky
Mar 1, 2021 9:26 AM

BTC - Wedge Entry Point is here  Long

Bitcoin / U.S. dollarBitstamp

Description

Circled is the retest of the break of the wedge which has completed and we are resuming up.

-- As I (as an amateur) understand it this is the most reliable entry point with stop below the wedge. I have a red line denoting resistance here at 47400ish so nothing is certain.
-- I noticed a few folk calling a break at the thin white line. I think this is fine technically but If there is a larger wedge pattern I'd opt for this as safer confirmation.

Best, Hard Forky

Comments
ethamage
awesome analysis!
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