WadeTheory

WadeTheory Updated 

On the Monthly chart, Bitcoin seems to be consolidating and forming a symmetrical triangle. There has been declining volume since 2015 which leads me to believe bitcoin is coiling up for an incredible move and as a symmetrical triangle is typically a continuation pattern i believe this will be to the upside. However, if this scenario plays out, there is every...

WadeTheory

Possible ascending triangle developing on the BTC/USD hourly charts. A break of the upper trend line at around $10,430 could lead to a measured move to the upside with a potential target of around $10,760. Just my opinion, NOT TRADING ADVICE.

WadeTheory

There seems to be a falling wedge forming on the 4h and 1d. possible rejection at around 9930 with downside potential to 8400 before a break to the upside. This would also fill the CME gap.