BitcoinAggiornato BTC 2/14/20 acending wedge
Looking forward to seeing how this one plays out. Major long term down trend followed by ascending wedge...not looking good for btc even in this Q1 bull market:
From investopedia, "Conclusion
Rising wedges have a relatively low risk/high reward ratio and, as a result, they are a favorite among professional technical traders. But there are many false patterns or patterns in disguise that may come off as rising wedges. The only way to differentiate a true rising wedge from a false one is by finding price/volume divergences and to make sure that the failure is still under the 50% Fibonacci retrace. As this historical example shows, when the breakdown does happen, the subsequent target is generally achieved very quickly."
- investopedia.com/articles/trading/07/rising_wedge.asp
From investopedia, "Conclusion
Rising wedges have a relatively low risk/high reward ratio and, as a result, they are a favorite among professional technical traders. But there are many false patterns or patterns in disguise that may come off as rising wedges. The only way to differentiate a true rising wedge from a false one is by finding price/volume divergences and to make sure that the failure is still under the 50% Fibonacci retrace. As this historical example shows, when the breakdown does happen, the subsequent target is generally achieved very quickly."
- investopedia.com/articles/trading/07/rising_wedge.asp
Nota
Wedge is playing out as statistically most likely. Break thru south now waiting for retest and further downside: 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.