Broadening Wedge Formation on BTCUSD
Points to Consider:
- BTC broke out of resistance at $8800, testing the upper resistance from the broadening wedge pattern
- A broadening wedge pattern is a bullish formation , where i believe we will test the upper resistance of BTC at $9,700
- Also a retest of the SR Flip will confirm the strength of the bulls!
What are your thoughts on the current action ?
Leave a like a comment :)
- BTC broke out of resistance at $8800, testing the upper resistance from the broadening wedge pattern
- A broadening wedge pattern is a bullish formation , where i believe we will test the upper resistance of BTC at $9,700
- Also a retest of the SR Flip will confirm the strength of the bulls!
What are your thoughts on the current action ?
Leave a like a comment :)
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Follow me on Twitter! twitter.com/pinkdawn__
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