Bitcoin - Falling Wedge + Inversed Head and Shoulders

22 May 2018

Bitcoin broke up falling wedge and bounce from 8.6K area and right now it will test falling wedge previous resistance that now works like a support. We should expect a bounce from here and a classic falling wedge followed by an inversed head and shoulders. If we don't bounce from 8K area we should drop to 7.6-7.8K area for another bounce attempt.

23 May 2018

Not

Head and shoulders not completed. We are now testing 7.6K-7.8K support

23 May 2018

Not

Will the falling wedge support hold BTC up? Only time will tell. We also have a strong support at 7.2K dollars.

2 Tem 2018

İşlem kapandı: durdurma seviyesi

Bitcoin proved few hours later that this idea was not gonna happen.