RocketBomb

BITCOIN using Fib Wedge by Rocket Bomb

BITSTAMP:BTCUSD   Bitcoin
Hello, traders! Let's look at the history of the BTC price with Fibonacci Wedges😊

A Fib Wedge is a set of arcs spreading out of the point of a trend's beginning. These arcs are placed on levels formed by a Fibonacci number series.
Generally, the Fib Wedge is a kind of analogue of the Fibo Retracement.
The Fib Wedge determines the end of correction and support levels. It is drawn according to the trend movement (two points) and wedge arcs for visual analysis of the chart.
A wedge becomes more convenient if its borders are carried out with a margin, so that the price is approximately in the middle of the wedge, and the upper arc touches the extreme price.


it looks like we are expecting a sideways movement in the near future, which will prove to be a real challenge for many traders!


I wish you all patience and high profits!😘

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