leshacat

BTC in downward wedge

leshacat Updated   
BITSTAMP:BTCUSD   Bitcoin
btc in a downward wedge. buy along bottom support line.
Comment:
Judging by the price rang we will be in after the downward wedge, I would argue we are going upwards. I would even change percentages for this wedge and make chance to break upwards 80%. The reason for this is as mentioned that we will be at a low BTC price at the end of this wedge and I am confident buyers will step in and bring the price back up.

This is not financial advice :)
Comment:
I just bought in again @ 6700

Waiting for lower prices to buy in more... That is how you DCA :)
Comment:

My next $100 buy ins:
6500
6300
6000
Comment:
It looks like were coming down to touch the line again. This could take a few days to a week. If you haven't bought in yet, now might be a good time to DCA a little bit in just in case she starts to go back up on Monday.
Comment:
Updated idea:
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