BTCUSD - Re-entering the broadening wedge?
The upperside of the broadening wedge which started late october has acted as support. Are we to break into the wedge again?
The measured move of the triangle suggests a break to as low as 21000 USD, coming all the way down at the monthly S1 pivot (green dotted line), before bouncing back into the wedge again.
The measured move of the triangle suggests a break to as low as 21000 USD, coming all the way down at the monthly S1 pivot (green dotted line), before bouncing back into the wedge again.
Penafian
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