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Bitcoin
Long

BITCOIN LONG - MEDIUM TERM

By TraderE9
Updated

Bitcoin falling wedge pattern on the higher timeframe charts looks good...

context: has moved up into new territories around 30k and has tried to push higher but failed, being stuck within range bound trading, we have seen the range get traded many times, now we have a small dip below the lower end of the range aswell as falling wedge pattern which signals a continuation pattern.

Hopefully we will see this wedge break to the upside, retest and move back into our range.

Will update with other confluences within the comments section.
Note
Breakout of wedge.... would like to see the previous range recaptured... snapshot
Note
Getting close... snapshot
Trade closed: target reached
was a lovely entry... OVERWATCH doing the business here... we are back in range once again... will close this idea moving forwards... snapshot
bitcoinlongbitcoinpredictionbitcoinpriceChart PatternsFalling Wedge
TraderE9
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