BTCUSD Descending broadening wedge breakout

2020年6月2日

I believe this is only the beginning of a breakout. See details in the chart. (no time component implied)
Below 9600 would invalidate this idea.

2020年6月4日

註釋

One more 3D closed, looks like a retest for now

2020年6月5日

註釋

Sorry for the premature last update as 3D didn't close at that time. However, it closed even higher and now the new one, while still open, made another retest

2020年7月28日

註釋

After such a prolonged consolidation under resistance the breakout is not going to stop at 11400. I repeat, this is not a fakeout, if you're long - stay long.

2020年7月28日

註釋

First target - 13400 (conservative)