BTC Continues to follow the wedge resistance line
This is nothing more then a zoomed in view of the wedge I traced out yesterday. As you can see BTC is following it perfectly. We are due for some change here. Most would suspect up by doing wave counts and maybe a bounce inside the wedge, but dang...so little volume. We could go down and test a few resistance zones below the wedge.
If you are watching BTC like a hawk, try to look at the lower minute charts and keep an eye on the candle wicks for some forewarning of where it will move next.
Have a great day!
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace
If you are watching BTC like a hawk, try to look at the lower minute charts and keep an eye on the candle wicks for some forewarning of where it will move next.
Have a great day!
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace
Comment:
wow, not only did it drop out of the wedge, but it also bounced off a few of my lines and the top of my first buy box. Watching it intensely. How will it play out?