KorenhofJustin

BTC rising wedge

KorenhofJustin Updated   
BITMEX:XBTUSD.P   Bitcoin
BTC has been forming a rising wedge in the past few days. 1D 200 EMA + 4H 100 EMA acted as strong resistance. watch closely for a break of the bottom trendline of the rising wedge, white fat line is strong fibonacchi retracement. Take profit area's are marked in green.
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It broke the bottom trendline as you guys can see. It bounced on the fib, told you guys it was a strong one. watch for a break of the fib.
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Updated
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