djupgrade

Wedge Pattern still valid

djupgrade Updated   
COINBASE:BTCUSD   Bitcoin
Updated analysis on current wedge. I had to broaden the wedge from yesterday. I believe we are looking at a crash to retest 3200's lows. We might get a possible bump up to retest previous resistance before downfall continues.
Comment:
It seems the possible breakout did occur and twice so far retested the previous resistance level and got rejected. I believe soon we will be headed to teh target zone with a huge bear strike.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.