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Trader_AlexK

BTCUSD Descending Broadening Wedge trading setup

Long
Bitcoin (BITFINEX:BTCUSD)  
Trader_AlexK  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD nexgeninvestment
7
0
trendanalysis chartpattern btcusd nexgeninvestment
1Hour Chart.

BTC is forming Descending Broadening Wedge pattern.

The characteristics of the pattern are increased volume and decline of both resistance line and support line.

BTC has the breakout the resistance line with volume and could set the TP to $ 6650.

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