Get started
allthemoneys

BITCOIN Descending Wedge in play BITSTAMP

Long
Bitcoin (BITSTAMP:BTCUSD)  
allthemoneys  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Beyond Technical Analysis Bitstamp BTC BTCUSD Bitcoin (Cryptocurrency)
1
0
trendanalysis indicator beyondta bitstamp btc btcusd bitcoin
Well that was quick. Just as I was making a chart, price did a whipsaw. Now instead of a bullish Rising channel, Bitcoin is in a descending wedge. This could be bullish and breakout could happen at or before 3535. Otherwise 3,500 is still support.

BSW is only on BITSTAMP. Other exchanges much more bearish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.