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team_USA
Dec 3, 2017 10:36 PM

Bitcoin rising wedge - target level ~$8400 Short

Bitcoin / U.S. dollarBitstamp

Description

BTC/USD is showing a clear rising wedge in this logarithmic chart. expected target level is labeled on the chart; it may find support between this line and the major fib level directly below it.

trade at your own risk.
Comments
Babak1
How to do BTC analysis
1- Take a snapshot
2- Open Microsoft paint and draw some lines based on Fibonacci suggestion. Red , green and blue preferred.
3- Make sure you draw your dream lines. Like Oh its gonna hit 7K 5K
4- Post it here and no one dares to tell you that YOU KNOW NOTHING JOHN SNOW.
5- Wait for people to like and kiss you on the lips
Superintendent
It's coming back to 12K lol
PhilVo
@Superintendent, I think it's risky to follow to 12k for profit.
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