BTCUSD at Critical Symmetrical Wedge Termination !!
Bitcoin has been bouncing nicely in the lower half of a Pitchfork and is now at
a critical point at the end of a symmetrical wedge and the lower band. A breakout will likely point the
direction for the next move. First targets on each side has been marked in the chart.
A break below the lower Pitchfork band, will mark a trendshift, and we might see more
downside correction in this bull trend. Price is still well above the Daily Kumo Cloud.
Only an entry inside of the Daily Cloud, will shift the trend on daily timeframe.
To support the channel:
Ltc
LKELbJZk3wRhoXJxHjHonSSSfWrG3EMaGM
Hathor
HBGp6kFCEjFP6GuMrp5AR6hV2zWhumy62x
a critical point at the end of a symmetrical wedge and the lower band. A breakout will likely point the
direction for the next move. First targets on each side has been marked in the chart.
A break below the lower Pitchfork band, will mark a trendshift, and we might see more
downside correction in this bull trend. Price is still well above the Daily Kumo Cloud.
Only an entry inside of the Daily Cloud, will shift the trend on daily timeframe.
To support the channel:
Ltc
LKELbJZk3wRhoXJxHjHonSSSfWrG3EMaGM
Hathor
HBGp6kFCEjFP6GuMrp5AR6hV2zWhumy62x
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