Hi everyone , have to run to work but
Basically this is a Bearish sign.
Large Rising Wedge, if BTC was following general TA this is very Bearish and should break down soon falling out. But since Bitcoin is doing it's own thing... i am not sure on this one.
I was extremely confident on my last chart because of watching the order book and realizing how strong the bulls were pushing NOT giving up.
If we break down from the wedge first bounce target should be around 8350 where we use prior resistance as support.
Basically this is a Bearish sign.
Large Rising Wedge, if BTC was following general TA this is very Bearish and should break down soon falling out. But since Bitcoin is doing it's own thing... i am not sure on this one.
I was extremely confident on my last chart because of watching the order book and realizing how strong the bulls were pushing NOT giving up.
If we break down from the wedge first bounce target should be around 8350 where we use prior resistance as support.
