BTC / USD - Update: Right-Angled Descending/Broadening Wedge
Still could go either direction, but here's my proposed path for BTC in the comings days/weeks. I think the lower high recently was a false direction hint, we'll complete a W near the top of the wedge, and then form our higher low prior to breaking out.
See original post in related ideas below.
The bearish path would become valid again if we touch bottom of the wedge again, so this idea requires we begin heading up from here, soon.
See original post in related ideas below.
The bearish path would become valid again if we touch bottom of the wedge again, so this idea requires we begin heading up from here, soon.
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Update on progress after 2 days of movement:
