An interesting pattern is in the making. I gave an first draw, the wedges are not so well defined so it's quite difficult to say if they are valid.
All my eyes are on the BTC/CNY pair because this is the one which leads the market right now.
For any explanations I forward you to the related idea (see below) where the WW pattern is well explained. To make it short: 5 is the spot to buy because price is likely to hit line 1-4 after breaking the wedge.
All my eyes are on the BTC/CNY pair because this is the one which leads the market right now.
For any explanations I forward you to the related idea (see below) where the WW pattern is well explained. To make it short: 5 is the spot to buy because price is likely to hit line 1-4 after breaking the wedge.
