Update BTC
Quick update before work. Last night we saw BTC come back above the resistance at 7440 and confirm its support via a caught sell off. Wedge seems to be standard and often wedges seem to be determined by the area, not how long it has been there.
Ill be looking for the price to confirm around 7589 for a good buy in and 7530 for a beast buy in. 7540 would be on the downwards trend line and the support level. I like things like this because it confirms two indicators at once.
It seems the red trendline is starting to show accurate information more and more also.
But overall it looks set up for the possibility of a very nice jump up.
Ill be looking for the price to confirm around 7589 for a good buy in and 7530 for a beast buy in. 7540 would be on the downwards trend line and the support level. I like things like this because it confirms two indicators at once.
It seems the red trendline is starting to show accurate information more and more also.
But overall it looks set up for the possibility of a very nice jump up.
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