That's not a wedge. That's a consolidating triangle. Generally, it might go up, or it might go down. There is no way to tell in this but if the Coronavirus fears continue, then I wouldn't be so bullish on it.
Surfandtrade
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@michaeldobfx,
Thanks for the reply, much appreciated!
michaeldobfx
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@Surfandtrade, No problem, but on the other hand, giving a thought about it, people will see this consolidation formation and that itself might actually spark off what most people think it would do - a massive increase to $10,000 and over. But that's only because a lot of people want it to magically jump higher and higher. Free money, of course.
Surfandtrade
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@michaeldobfx, Thanks Michael - i almost jumped in myself! lol
michaeldobfx
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@Surfandtrade, Only people impulsively buying it will send it higher!