You are viewing a single comment's thread from:
RE: Bitcoin Analysis: Consolidating Before Next Move
I like the support, but I guess with the wedge, the breakout in either direction is possible
I like the support, but I guess with the wedge, the breakout in either direction is possible
Yep...certainly an equal opportunity pattern. If it breaks up, I'd expect a rejection around 8.0-8.1K, then further downside IMO. If a daily candle opens and closes above 8.2, I'll become much more bullish.