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mycotoxin

BTC - Possible drop to 18k if BTC closes outside of the wedge

Bitcoin (BITSTAMP:BTCUSD)  
mycotoxin Atualizado   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis
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trendanalysis
Expecting a drop to 18k if BTC falls out of the rising wedge .
One thing to be aware of is the shady double top move where BTC will recover upwards inside the rising wedge only to fall out of it .

if BTC currently falls out of the wedge id expect a head and shoulders similar to this with a move to 18k.
path
Comentário:
The bullish play would be a strong push up from the 22500 location and a move out of the range followed by a retest of the range top
Bullish play
Comentário:
interestingly a drop to 18k would then form a head and shoulders reversal back up
Head and shoulders
Aviso legal

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