hahashishi

Broadening Wedge Formed.

BITFINEX:BTCUSD   Bitcoin
The Corn needs to start fighting big time.
We are still in the trend at the moment but it was rejected at the top of the wedge.
Waiting to see if it can fight back or will it head down for a refuel at 11200 or 10500?
Broadening wedges tend to signal a bullish breakout but I have an inkling BTC needs to fuel up for the run to 13000.
If we get the touch at 10500 on the bottom of wedge and support look out for a solid run from there.
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.