CryptoTraderMark10

We're falling out of a rising wedge

BITSTAMP:BTCUSD   Bitcoin
This next move should take us back to retest the 8920 area - perfectly normal and very typical thing for Bitcoin to do: restest a breakout area to confirm it as support.
Comment:
I drew the wedge a little wrong. Here is the correction. Any close of a 30-min candle above the top black line will invalidate this as a rising edge. 30-min candle close under bottom line will confirm it and should lead to the retest of the breakout area.
Comment:
Should have said - "will invalidate this as a rising WEDGE and will also probably lead to a move to the top of the blue box area."

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