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UnknownUnicorn1643710
Dec 9, 2017 2:42 PM

BTCUSD Wedge Formation: Possible Upside with Volume Confirmation 

Bitcoin / U.S. dollarBitstamp

Description

Bumpy road for BTC recently after 17K push.

Large sell-off now forming into macro and micro wedge formation.

Seller/Buyer indecision could push either way.

Look for Volume buildup on GDAX Level 2 to confirm a push!

Comment

Looks like the push happened only to the downside! Take a look at the large buyer failure at 14848 with a large seller push to the downside. Volume confirms the move.
Comments
doremifasol
My thoughts as well. Thanks for your TA.
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