pav4ito

BTC/USD Wedge Pattern

BITSTAMP:BTCUSD   Bitcoin
BTC/USD is in a wedge pattern, this is simple. If it breaksout to the upside, then we will be expecting it to go up. However, if it breaks to the downside, then we are expecting a bearish move. Watch for what happens after the break, if it starts correcting then it will confirm the way in which it brokeout. Watchout for price rejection levels. Trade safe traders.
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