infbp22

BTC Update

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KRAKEN:BTCUSD   Bitcoin
Hi everyone. As expected, we had some price action near the apex of the wedge and price headed down. We have found pretty decent support here and I think we are due for a leg up. Again, I do not think this IHS will play out even though it honestly looks pretty good. It doesnt matter how it looks if volume isnt there to support it through! I opened a long that you can see on the chart. I'm hoping for the inverse Marge Simpson hairdoo then rejection at the previous channel/marked resistance boxes. Tight stop loss under the current sideways movement.
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