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bitcoinroyalty

BTC RAISING WEDGE FORMING AND SHOULD PEAK BTW 7655 AND 7785

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Bitcoin (BITFINEX:BTCUSD)  
bitcoinroyalty  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators
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trendanalysis indicator
Btc appears to be forming a raising wedge and should peak around 7750 to 7800 before we see a retracement/correction. The MACD is showing that momentum is dropping. The wave pattern for wave 3 is shorter than wave 5 thus wave 5 cannot be longer than wave 3 (7655)
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