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Oatrick
Mar 20, 2019 6:44 PM

BTCUSD: Rising Wedge Short

Bitcoin / United States DollarCoinbase

Description

As we have now left the general breakout zone for the triangle, I have to consider that this is more likely to be rising wedge instead. The volume agrees more with this than it did for the triangle. Place tight stops, please. (Entertainment Only) (DYOR)

Comment

Also, the 4/1 line has had significance and I think it would be difficult to break.
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