BITCOIN Bearish "rising Wedge" but STRONG Supports!

4 ביוני 2018

BTC has formed big bearish continuation pattern "Rising Wedge"! If we want to be bullish today or the week we definitely have to break Wedge upper trendline. We personally think BTC comes down a little bit to test those three strong support levels @ $7685, $7600, $7500 to start climbing again (just a healthy correction)! At the moment is easy to spot strong supports (old resistances), all three levels are smashed by the strong candles! If we drop below this wedge then those levels are our "watch lists".