Asending Widening Wedge and 6 month SMA

Bitcoin / DollarBitfinex

Description

⋅ Jul 19, 2018 2:14 PM

Price is interacting with 6-month sma and There is widining Asending Wedge which is bullish pattren.

Closing above 7600 is important, else we may see a retrace to 7200

Trend Analysis

Comments

ManishArora

⋅ Jul 27, 2018 10:08 PM

The closing was below 7600 and we went to 7200, since it is a bullish pattern at large, went long at 7200 and now we are at 8200. Perfect play