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RE: Bitcoin bullish patterns forming in summer 2019? BTCUSD

in #bitcoin5 years ago (edited)

Hours after posting, the price droppee to below 10k and thus invlalidating the swinglow trendline of the above descending broadening wedge...though it did not quite drop yet to the support levels of the initial bull/penant flag projections and if the price continues its bounce trajectory up may atill be in a descending broadening wedge...but if and only if the price bounces all the way up to the key resistant trend line which looks to be at 11.8k levels.

Here is the latest price action on a 2hr time frame showing a potential bounce from the 9.9k levels... stay tuned.

Screenshot_20190815-073943_Chrome.jpg

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