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Bitcoin BTCUSD - Descending Expanding Wedge Breakout

350
I thought it was going to have another leg down because of the Ascending Triangle - but it broke through that AND the top of the Descending Expanding Wedge, and also broke above the 1hr Ichimoku Cloud.

My target, if this holds up, is roughly $2000.
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BTW - Stochastic is pretty high right now, so I would wait a little and look for an entry point if you're thinking of going long. If it retests the top of the wedge again and bounces off, and stochastics/rsi are low on multiple timeframes, that would be the ideal point.
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Already testing the cloud/channel/fibonacci line:

anlık görüntü
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(sorry I meant wedge not channel)
Not
I spotted a potential Bearish Wolfe Wave in the making if this breakout loses steam, so I'm waiting for confirmation of one or the other:

Bitcoin BTCUSD - If Wedge Breakout Fails:  Bearish Wolfe Wave?

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.