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$BTC/USD Bullish Descending Wedge. Pain Before The Gain?

Bitcoin (COINBASE:BTCUSD)  
pimpfreud Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC trend
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trendanalysis chartpattern indicator btcusd btc trend
If it keeps to the trend, it will drop further down the wedge over the next 7 days, potentially breaching, $6000. Watching for a unified historical Bollinger Band break (highlighted in blue rectangles) and RSI oversold signal for a potential BO event in the coming months. GLTA
Comment:
However, if no BO event happens, she will continue to slide towards $2800.
Comment:
BB slip occurred prior to movement, a good indicator of an upward swing that was missed. Might add MMAR to the mix to have a better view of reversal patterns. Now has to stay out of the purple wedge to confirm a BO event or she will follow bear trend.
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