BTC to retest 7.4k?

12 apr 2020

First post so be kind :)

I found a potential descending wedge pattern that has found support just under the breakout of 7k on the 6th of april which could see a retest of 7.4k again followed by sideways movement similar to the previous 2 weeks trying the break 7k. Bears will take any chance they get in a fearful market, but originally breaking 7k was a start.

Edit: the top half of the white wedge dates back the the start of the recent downtrend from the 12th of feb and lines up perfectly(not shown in picture).

17 apr 2020

Trade chiuso: obiettivo raggiunto

Looks like we broke out of the top trend line and could potentially get a small correction(original projections support was a little loose but formed a douoble bottom and was within limits). Looking to retest 6.85k - 7k range and then go long for 7.4k