BTCUSD: 1D caught in broadening wedge

23. Mai

As above.

Broadening wedge looking in paly for BTC price action on the daily chart and looking bearish in the near term.

Watching for continued supports and resistance levels and any bearish or bullish breakout of upper and lower trend lines of the wedge.

Will follow.

Good luck traders!

11. Juni

Anmerkung

Double top rejection and still caught within the widening wedge/megaphone pattern...

18. Juni

Anmerkung

Looking like bearish continuation, at least in the near term. 60K likely next target with some local support. Will follow.

24. Juni

Trade geschlossen: Ziel wurde erreicht

As predicted above...will continue bearish trend, low 50K likely target after 60k support breaks. Will follow

4. Juli

Anmerkung

Yep.... as above... down we go

6. Aug.

Trade geschlossen: Ziel wurde erreicht

WOW! Hell of a ride down but true to form!!!