TradingView
deong93
Jul 2, 2019 5:26 AM

Falling wedge forming right now on BITCOIN Short

Bitcoin / U.S. dollarBitstamp

Description

As seen on the chart, it appears as if Bitcoin could be forming a falling wedge at the moment, support likely to be found somewhere around the 9500 mark and then a possible bounce back to 10 000 - 10 500 to retest the top of the wedge. If the wedge plays out, it is expected to take its time with a breakout in the next week to two weeks.
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