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Bitcoin - beautiful bullish wedge - buy stop over 3,600
My count has not changed. I count that decline off the top at 4,368 made in December 2018 as the top of wave ( a ) up off the low at 3,217.
Not only that corrective wave ( b ) down has a fully completed structure but it also looks like a falling wedge, an easily recognized technical pattern likened by many traders.
At this point I lower the critical resistance to 3,600. My target for the upcoming move up in wave ( c ) up is still 5,000.
Not only that corrective wave ( b ) down has a fully completed structure but it also looks like a falling wedge, an easily recognized technical pattern likened by many traders.
At this point I lower the critical resistance to 3,600. My target for the upcoming move up in wave ( c ) up is still 5,000.
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