Bullish descending wedge on $btc, eyeballing it for a breakout
Updated
Top angle larger than bottom angle, forming a descending wedge. Supply demand seems to be shifting, bears losing the pull?
Looking for a breakout soon. However, approaching with caution for any fake outs. Will look for entry on a retest.
Looking for a breakout soon. However, approaching with caution for any fake outs. Will look for entry on a retest.
Note
Broke out as predicted, albeit a bit sooner. Could very well take off from here, but personally would wait for a retest or just buy into the strength otherwise.
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