BTC.D will probably come back to the support of the 99 MA (1D) / 38.2% Fib. Since these support levels are a bit lower than the lower Rising Wedge boundary, I'll except a fakeout before it returns back to at least the previous high or even higher. As soon as the MA / Fib support level seems to hold (green daily candle close above it), long BTC.
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Perhaps the uptrend after the fakeout will be even a bit faster than drawn in the chart. I expect it to reach the upper Rising Wedge boundary mid of August - especially when I consider the TOTAL2 chart.
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Massive bounce on the 1D 99MA & 38.2 Fib support.
Now let's reclaim into the rising wedge.
Now let's reclaim into the rising wedge.
