AzizKhanZamani

Broadening Wedge Formation on BTCUSD

BITFINEX:BTCUSD   Bitcoin
Points to Consider:
- BTC broke out of resistance at $8800, testing the upper resistance from the broadening wedge pattern
- A broadening wedge pattern is a bullish formation , where i believe we will test the upper resistance of BTC at $9,700
- Also a retest of the SR Flip will confirm the strength of the bulls!

What are your thoughts on the current action ?

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