DCCryptoacademy

DCCryptoacademy

We broke out of the first falling wedge we discussed earlier. The target for this one is $10300, depending on if we can hold the marked area. At $10300 algorithms will take profit and that's where we can expect a dump to occur.

DCCryptoacademy

We have to important falling wedges in play. The first one (smaller one) is imminent. The breakout of this one will lead us to $10300. Depending on if $10300 breaks, we will go higher and even possibly retest the $11000 region. If we break out to the upside. Looking at the bigger timeframe we can see a giant rising wedge. This rising wedge supports the...

DCCryptoacademy

Depending on if we break above $10300 we will see our targets below $10000 being met. We will eventually fall to the lower $8200 region, where shorting algorithms will take profit, if we break the previous low.