adyscorpius

BTC: A narrowing range and incoming break!

adyscorpius Updated   
BITFINEX:BTCUSD   Bitcoin
Looking for this wedge to break, with a high probability for the upside if the purple resistance is broken and retested. Long entry for a target of around $14000. In a downward break, I expect a C wave correction taking us to around $8800.
Comment:
Correction. A safer downward target would be around the $9400 mark.
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