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BTC repeating rising wedge pattern with break up double top
Bitcoin Liquid Index
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BTC repeating rising wedge pattern with break up double top
By nagihatoum
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Feb 6, 2020
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Feb 6, 2020
This is not my original idea, but I elaborated on it mainly projecting a path based on past fractals of rising wedges that break up.
I have noticed prior wedges that break up but eventually drop:
original:
Notice that the weekly 200 ma has acted as bottom support for two cycles and is always rising.
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BTC examples of rising wedges breaking up
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