hosain_noorani

Bitcoin Potential Rising Wedge

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin breaks out of the Symmetrical Triangle (black lines) to the upside, only to be trapped inside a potential Rising Wedge pattern (orange lines) which is considered to be bearish.

The target price for that would be 7135 USD.

Good Luck trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.