BTC Reversal-- Descending Broadening Wedge

15 июн. 2017 г.

The BTC bottom looks to be in. Price action is currently in a Descending Broadening Wedge pattern.

Target is 2800 for a topside breakout.

15 июн. 2017 г.

Заметка

The target I posted initially is not correct. Completion of the pattern with an upside breakout should land the price at 2650.

Thanks to @sifeij for pointing out my error.

Happy trading!

17 июн. 2017 г.

Сделка закрыта: достигнута тейк-профит цена

Target reached.

Lots of momentum now and starting to form a trade-able trend. May publish another idea on this as things develop.