Bitcoin 4h Chart in a rising wedge/triangle July 6th 2018 [BTFD]

Just saw a few angles and trends creating a rising wedge/triangle (depending on which charts) in the 4hr chart

im still bearish till we come down to test near lower 6k$ again

expecting to break down out of the formation

if it holds we could see a reversal rally to over 7k, needs to be closing over 7300$ and up into the gann fan area for my bull hat to be pointing forward tho

have a great weekend and watch out for big bitcoin moves after the weekday markets close

peace up

İşlem aktif:

pre market close dump

still within the triangles/wedges

have a great weekend and if u got orders, use a SL plz

İşlem aktif:

about to break down or continue up in the wedge

İşlem aktif:

broke down as expected but had a lil rally, weak volume due to the weekend (and maybe football lol)

İşlem aktif:

some price action on bitcoin pushed out of the triangle but with bullish action

gotta stay over the 0.786 fib here for more gains, breaks below 6360 then we could be back in with the bears

Yorum:

expecting to maybe hit the gann fan line and rebound again and if not breaking this we will see a small dump to 6300 area before the weekday markets open