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JohnnyPurtoy98

BTCUSD - the price seems to have broke out the rising wedge

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Bitcoin (BITFINEX:BTCUSD)  
JohnnyPurtoy98  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD Rising Wedge breakout
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trendanalysis chartpattern indicator bitcoin btcusd risingwedge breakout
The rising wedge has broke, the price has managed to breakout the support level of the rising wedge pointing at further moves down. The price may take a break and retrace slightly before continuing bearish. I believe the price could fall as far as $6,600 then it will reach a strong support level. I would keep everyone updated on my findings with cryptocurrencies.
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