BitcoinUpdated Bitcoin Falling Wedge (UPDATE)
Hello traders,
I expected a small reversal to $6,100 when Bitcoin was trading at it's $5400 support - however; it failed to hold. Now, Bitcoin is trading at the next support levels - between $4400 and $4800, plus at the support level of the falling wedge pattern.
I'll update this idea by the hour to look at reversal signs on the intra-day chart.
Best of luck,
Abdulla
I expected a small reversal to $6,100 when Bitcoin was trading at it's $5400 support - however; it failed to hold. Now, Bitcoin is trading at the next support levels - between $4400 and $4800, plus at the support level of the falling wedge pattern.
I'll update this idea by the hour to look at reversal signs on the intra-day chart.
Best of luck,
Abdulla
Note
8H Chart Update: Note
$100 away from trading above $5,000 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.