BitcoinLong
BTC Long, Bullish Wedge Continuation, 11.7k and 14k resistance
A bullish continuation pattern, a wedge.
-Volume decreasing
-Converging resistance and support lines, both downsloping.
-Follows a recent up move
-Takes prices down to support levels
Next resistance looks like 11.7k, where the most recent advance halted. If this is broken,
14K is where we are likely headed.
-Volume decreasing
-Converging resistance and support lines, both downsloping.
-Follows a recent up move
-Takes prices down to support levels
Next resistance looks like 11.7k, where the most recent advance halted. If this is broken,
14K is where we are likely headed.
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