adge

Short Term BTC - Back down to 10k, and off to the races

adge Updated   
BITSTAMP:BTCUSD   Bitcoin
After a breakdown out of a rising wedge this morning, we'll get a move back up to retest the previous support (and also the MAs in that area), after which we will head back down to around 10k.

This will give us a higher low however, and I think it might be the last time to fill up your baegs before BTC never sees 10k again.
^ maybe slightly kidding.
Comment:
Zoomed out a bit on the 1 Hour.

Order cancelled:
Trade inactive, went up too far on this run.

But broke down out of ascending wedge, I'm guessing back down to about 11.2 to test fib and will bounce up from there.

See below:


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