BTCUSD, Sept 03 update

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
You can see that rising wedge already break down,
we have support line at 7150, and support zone around uptrend support.

If 7150 able to hold bearish movement, our target at 7450 at ABCD fibonacci projection ,
with maximum target at internal pattern projection at 7500

Note : to understand more about this setup, check our video analysis.


Broke well below that.
This is why I say that time line 'analysis' is an art and not science - click on the update button in your graph and you will see what I mean.
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