I am seeing the exact same thing.
The problem that worries me is something I've noticed lately about wedge breakouts throughout Crypto.
Lately it's seemed like post breakout, there has been low volume, followed by a test and failure of resistance, followed by another support test of the wedge.
So that being said I see us falling further, but how much further remains the talking point IMO
Hubris
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@MC_Peewee, It's all guess work in the short term. It's a strategy in the long term.... best to you..
Bitcoin_Weather
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"we have exited the descending wedge from Dec '18" same analysis, market low mid december
BTC
ETH
UnknownUnicorn3259845
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Make sense! Nice!
lucidj
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No volume... extend the wedge?
Hubris
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@jefferyrockwell, No.
Boon2
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BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
BTCUSD D1 Long Term EW Analysis. Checkout the idea detail's and all the update's for the complete picture.
The problem that worries me is something I've noticed lately about wedge breakouts throughout Crypto.
Lately it's seemed like post breakout, there has been low volume, followed by a test and failure of resistance, followed by another support test of the wedge.
So that being said I see us falling further, but how much further remains the talking point IMO