dnov

Falling Wedge in play?

Long
dnov Updated   
BITMEX:XBTUSD.P   Bitcoin
This wedge can give XBT bulls some hope at least.

We also have a bullish divergence which has been playing out for well over 2 weeks, so there is still hope for some upside soon. But if I'm going by RSI, we should test that uptrend line at least one more time:

Comment:
BTC seems to be having trouble breaking that diagonal resistance:
Comment:
Ladies and gentlemen, we have breakout...
Comment:
We can see a breakout and retest on btc indicating we might see more green soon:
Comment:
Bulls are too weak. Ended up forming a H&S pattern:
Comment:
That happened a little quicker that anticipated:
Trade closed manually:
Bulls nowhere to be found
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