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zippy1day
Jan 15, 2018 4:48 AM
BTC Descending Broadening Wedge
Long
BITFINEX:BTCUSD
240
Bitcoin / Dollar
Bitfinex
Description
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Jan 15, 2018 4:48 AM
Estimated target using formula : - $16518
thepatternsite.com/dbw.html
Trade active
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Jan 15, 2018 2:26 PM
Adjusted target on known break now : $16319
Trade active
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Jan 16, 2018 4:02 AM
Broke triangle so goes below B in descending broadening wedge target now ~ $11814. Alternative this is a bull wick and we go back up?
Wedge
Comments
CryptoPumper
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Jan 15, 2018 5:39 AM
How long until we hit this target...you think?
zippy1day
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Jan 15, 2018 5:43 AM
@CryptoPumper
, Time frames for all patterns are difficult to predict but soon I reckon....proviso it needs to break cover line (upper diagonal)!
CryptoPumper
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Jan 15, 2018 5:47 AM
@zippy1day
, so if we break $14,100 we are on the way?
zippy1day
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Jan 15, 2018 5:49 AM
@CryptoPumper
, $14100~$14200
CryptoPumper
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Jan 15, 2018 5:49 AM
@zippy1day
, awesome...thanks!
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