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TiDu1981

BTC - Trading in Rising Wedge ! (Break out)

Long
Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
TiDu1981 Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis Harmonic Patterns Chart Patterns BTCUSDT risingwedgebreakout fallingwedgepattern elliottimpulsewave wyckoffdistribution
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trendanalysis harmonicpatterns chartpattern btcusdt risingwedgebreakout fallingwedgepattern elliottimpulsewave wyckoffdistribution
BTC Trading in (Rising Wedge) break out, normally we could expect this pattern to break out till the middle of its tail, but there is more then the eye meets. We have a (bear cross) on the daily, (Wickoff distribution) ideas and more. I expect for the next 20 days Max "ranging of price" before we could build higher highs (Elliot Impulse Wave). One condition needs to be met, don't want price to drop below yellow support lines ...

Will keep this idea updated ..

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Don't believe China FUD ...
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