BTCUSD Short-term correction Short

Bitcoin / DollarBitfinex

Description

⋅ Oct 20, 2017 3:38 AM

Descending Broadening Wedges

- 1-2-3-4 shows a clear uptrend in DBW pattern, and it was raised over 50% from 2 to 4. Pullback may follow.
- Therefore, a correction could be coming, ONLY IF A-B-C is formed, then it will go down to D.