Get started
Cryptogreen

Rising wedge and retest of the breakout for BTC

Short
Bitcoin (BITSTAMP:BTCUSD)  
Cryptogreen  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Rising Wedge
4
2
trendanalysis risingwedge
Well... BTC broke out of the multiyear triangle pattern, but i believe that a retest of 9k area is verry likely. It has formed a rising wedge pattern, and we can assume that a breakdown will follow with more than 50% chance. Let's see...
Cheers!
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.