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tokeylokey66
Mar 27, 2018 3:14 AM

Falling wedge, could be Bull trap! 

Bitcoin / United States DollarCoinbase

Description

First off thanks for the love on the last chart!
Possible short term bullish action, falling wedge. Break out target if it completes to 8400-8500 resistance. Be ready to set stop loss, in case it breaks resistance and goes on to 9000-9200!
I'm not trading BTC atm, too manipulated. I'm in alts, but this is a possible outcome. Play it safe guys!

Comment

Wedge is getting tighter.. but following the path nicely. I can see it trading in a tight space a little more before a small break out, or bull trap (dump)!!
Comments
Cryptocosh
Thank you for TA.
Why don't you post some TA on alts?
NEO would be nice...
tokeylokey66
@Cryptocosh, Funny thing is i am all in alts. Why i don't post TA on them is because if BTC decides to dump it takes us all down with it :)
Even if the chart looks bullish, that could all change with BTC. I may do some soon though!
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