Possible Scenario - Falling Wedge

28 בינו׳ 2016This is starting to look like one massive falling wedge, for which Bitcoin is famous for. Although it is a bullish pattern, the last one we found ourselves in during the summer of 2015, failed miserably (with a Bitfinex stop run below $200). This time around I tend to be an optimist, expecting a great buying opportunity between $300 - $320. Of course I assume there will be a significant amount of chop and and squeezing within this wedge.

Good luck!

29 בינו׳ 2016

הערה

After this drop, we just formed another huge triangle. Falling wedge scenario still in play.

tradingview.com/chart/ov9uMGDt/

29 בינו׳ 2016

הערה

6 בפבר׳ 2016

הערה

Although the larger falling wedge idea is still in play, it appears a smaller falling wedge is playing out right now. Please see the dotted line in the above chart.

14 בפבר׳ 2016

העסקה בוטלה באופן ידני

The falling wedge in this form, is failing. Trade closed.