CryptoCantona

BTC Rising Wedge Play

BITMEX:XBTUSD.P   Bitcoin
$BTC - 4HR - Rising Wedge?
1. Thinking we may see this pattern play out over the next few days
2. If BTC fails yet again to break well above 6800 again, expect wedge support to break
3. If BTC breaks to 7k we may break this wedge bullish like the good ol' days
4. Short targets should lie around the cloud

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.