BTC.D. Daily. Support weak. Formation of falling wedge?

I don't see a great deal of strong support for BTC.D at its current level, some stronger refuge to be found around the 60% region. My analysis indicates a touch of trend line 'A' is likely. It may well try to correct here and give us more of an indication as to what's next. But, I am mindful that we may be heading for confirmation of a falling wedge If 'A' is pierced. It this happens the longer term base trend line and structure will be redefined. Alt season part II..?

Comment:

Or, if not a falling wedge perhaps a descending channel?