RISING WEDGE ON BTC/USD WITH DOUBLE FAKE-OUT!
THE RISING WEDGE IS A BEARISH PATTERN.
BEARISH PRICE TARGET WOULD BE AROUND THE $14800. THE MOST LIKELY SCENARIO.
BULLISH PRICE TARGET WOULD BE AROUND THE $17800. BUT AT THIS POINT IT WOULD BE SO BULLISH THAT WE COULD GO ALL THE WAY TO THE PREVIOUS ATH AND MAYBE EVEN MAKE A NEW ATH.
BEARISH PRICE TARGET WOULD BE AROUND THE $14800. THE MOST LIKELY SCENARIO.
BULLISH PRICE TARGET WOULD BE AROUND THE $17800. BUT AT THIS POINT IT WOULD BE SO BULLISH THAT WE COULD GO ALL THE WAY TO THE PREVIOUS ATH AND MAYBE EVEN MAKE A NEW ATH.
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