I have a huge falling wedge drawn on BTC with another wedge inside of it. I think that with some very bearish sentiment on Twitter we might see a big run here soon. My expectation is another dip to just over 8000 and then a breakout of both wedges possibly back to right around $10k. I may be looking to add when the RSIs come down a little.
Comment:
This wedge looking great. Broken out of the smaller wedge and I have a feeling that the larger wedge break is coming. Probably a short stop at the top of the wedge to let the indicators rest but then I think we will break out in a big way. I will look to get a small short in at the top of the large wedge.