FIL BTC Rising Wedge, Possible move to the downside
Strong resistance at the 30,000 mark.
Could power through to the upside or act with downward bias
Rising wedge against the downward sloping trend line.
two key levels of support on the downside.
at both 24k and 20k
If a fall back to support levels, watch and wait for consolidation and buy the breakout on the re-test of the downward sloping trendline.
TP at previous highs (22 and 43)
Could power through to the upside or act with downward bias
Rising wedge against the downward sloping trend line.
two key levels of support on the downside.
at both 24k and 20k
If a fall back to support levels, watch and wait for consolidation and buy the breakout on the re-test of the downward sloping trendline.
TP at previous highs (22 and 43)