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cryptorix
Mar 11, 2018 4:46 AM

KMD 2H falling wedge breakout? Long

Komodo / BitcoinBinance

Description

Hey guys, lets directly get into it shall we?

As you can see on the chart, a nice falling wedge has formed and as textbook trading as it is, falling wedge is a continuation pattern that usually bullish, still, i hate the wick on 1-4 and 1-6

im still waiting for it to reach the above resistance line and waiting for its breakout and using my 90 and 100ma as support line

Comment

be really careful with this trade, might be false breakout, volume is not picking up and btc havent completed it last bearish wave

Comment

The situation looks good, btc ended her consolidation, might be a possible play
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