David_Smith
Long

BTC|USD - Ascending Broadening Wedge

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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We got an Ascending Broadening Wedge and price retraced after third touch of the Lower boundary so up we go

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Not a Financial Advice

Comments

Good work
+1 Reply
Nice analysis. Liked :)

BTCUSD should move sideways today. Analysis below.
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Fully agree with this. Big players will pump it up before hard sell.
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Nice analysis, I have a slightly different wedge in mind:

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Currently long but it will be difficult to reach the 17% target IMO. We'll see.
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thanks for sharing! now that price breaks out of the wedge you have highlighted does this means that it could be going lower you think? Personally I have a bullish view on it, we are likely to see a pullback to test the previous breakout level before another rally :
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perfect. here's a nice setup in tezos.
XTZUSD 8h 35% upside from here(NEW).
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