BTC its clear for me now

I have found something very intresting in the BTC pattern. It seems that we retrace after every uptrend back to the 0.718 zone (blue zone) of the fibonnaci levels.

Using this I have predicted the further trend of BTC.
If I use this trend, it seems we are forming a rising wedge, wich is bearish.
The target after breakdown of the wedge would be at the start of the wedge, between the two brown lines.

Kommentera:

The triangle still hold significance. BTC is now testing the lower suport line of the triangle. If this line holds, I expect an upwards movement towards the 6800 level.

If it fails, I expect a drop towards the brown support zone.