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Cryptonia_m

1-XBTUSD (inverse chart) big wedge in play!

Long
1-XBTUSD.P  
Cryptonia_m Updated   
1-XBTUSD.P  
Trend Analysis Chart Patterns Technical Indicators 1-XBTUSD XBTUSD BTCUSD
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trendanalysis chartpattern indicator 1-xbtusd xbtusd btcusd
Greeting to everyone! The rising wedge (falling wedge in normal chart) may break soon. The idea is invalidated if the wedge is broken in the other direction. It still can fake-out to raid the stops. Let's see...

Few potential plays/speculations:

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Do you recognize the pattern:
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Comment:
Wow, we hit the inverse chart rising wedge (falling wedge in normal) to the dollar:
snapshot

Now let's watch which scenario will play out.
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