Yes yes I know, it's a triangle but it's pretty close to a wedge and what's better than wedges and a shake...
BTC has been busy consolidating and deciding which way next, and it looks like we could get an indication in the next four hours as price moves into the apex of this triangle.
Small moves above and below are normal as price has been a bit jumpy the last couple of days, but watch for a fast move up or down on large volume as price leaves the triangle.
Downside target is $4900, upside target is $5100, based on the height at the entry to the pattern.
BTC has been busy consolidating and deciding which way next, and it looks like we could get an indication in the next four hours as price moves into the apex of this triangle.
Small moves above and below are normal as price has been a bit jumpy the last couple of days, but watch for a fast move up or down on large volume as price leaves the triangle.
Downside target is $4900, upside target is $5100, based on the height at the entry to the pattern.