mrmtech

Confluence V4

mrmtech Updated   
BITFINEX:BTCUSD   Bitcoin
Continuation of version 2 revised version 3.
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btc appears to be breaking down from a rising wedge
Comment:
breakdown of rising wedge confirmed
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nasty fakeout ripped back to the upside.. possible rising wedge in play or cup & handle
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cup & handle breakout confirmed
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but will it last? possible rejection in play here from 11k region?
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major resistance @ 12196
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next resistance level @ 13370
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bitcoin at historic resistance
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broken past historic resistance @ 17342
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