BTCUSD - Short Term Bullish Action

Jun 19, 2020

Hello! So this is just an idea, but we are seeing an asymmetrical triangle formation within a falling wedge. The triangle can break any way, but I am leaning in a breakout to the upside of the falling wedge, then if we can break that we can test again the 10.2k range. A failure here may mean a more bearish trend to the downside. I am convinced that the accumulation underneath this ceiling is very bullish and I see continuation happening.

Jun 29, 2020

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UPDATE: Bull Trap at 9600 and a fall back into downward wedge. Let's see if we can get a breakout from this falling wedge. I am still bullish until this breaks down.

Jun 29, 2020

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