YOO ! Here's a beautiful ascending wedge on bitcoin. This pattern mixed with declining volume is bearish and most of the time the breakout is down side. I still think bitcoin isn't done with this correction and that we'll eventually see lower prices.
Your descending red line was spot on. Any thoughts on where we go next?
FrederickDupont
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@somebodywhohodls, thanks man! Hmm yes if you want to go check my last analysis I said we were in a bearish triangle and that we would eventually go lower than the last low at 9.65k... And we finally crack this triangle downside and I think bitcoin could bottom between 8k & 9k
nagihatoum
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the ascending wedge breakout reached its target. now up in a triangle. great job.