In this idea I have inverted the BTCDOWN chart essentially showing BTC in its normal orientation. This is a clean rising wedge and I have marked the levels I am used to see a rising wedge fall when it breaks to the downside. This downside is the equivalent of $12,600. I have also marked a minimum level to take profit at the approximate original All Time High of 20k. If you agree throw me a like and follow me for more unique concepts and ideas.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.