BTC has already broken up out of one falling wedge and is looking to test the top of the bigger one everyone has been posting about.
Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI on higher timeframes is showing bullish divergence. This coupled with the fact that dumps have been getting shorter and shorter points to a potential bullish reversal soon.
Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI on higher timeframes is showing bullish divergence. This coupled with the fact that dumps have been getting shorter and shorter points to a potential bullish reversal soon.