Karolis99
Long

The King Of Cryptocurrencies Finally Breaking That Falling Wedge

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello everyone,
We can clearly see how we breaking out of the falling wedge we been forming for the last 7 months!
50EMA and 100EMA also just about to cross on the wedge breakout! Here is my price targets in the chart!




Good Luck Everyone!
KS
Comment: The breakout didn't occurred as expected and BTCUSD was pushed back in to the wedge. This was a 3rd attempt to push higher and it failed again. It would not surprise me if we going to test 5500 levels again.
Hi Daniel Martin for TraderImperium, I think those leave still valid, nice analysis.
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