MarkNetley

Giant Falling Wedge Theory

MarkNetley Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
We've seen something exactly like this during the 2017-2018 bear market. Let's see if history repeats!
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Not quite following my line exactly (a bit more bullish than I expected), but my idea is looking very promising at the moment. We will see how it plays out!
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Looks like we're exiting the wedge to the upside now. That's a good sign! Let's see if we move sideways (and up a little) for 1 - 2 more months. Then we should see a good move upwards.
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I'm still a fan of my theory here. Looks like a retest of the wedge after breaking to the upside. My lines may be slightly off or need extending.
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Pretty happy so far, hope you all were accumulating hard these past few months. We may be ready for a decent run!
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Great idea, played out perfectly!
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