Bitcoin: Rising Wedge? Reversal pattern showing up

2017年12月15日

Rising Wedge seems to be forming.
Potential entry point below support, stop-loss above resistance.
Target at major resistance level, around 11500

What's your opinion about it?
Your comments are welcome!

2017年12月16日

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Update:
Support and resistance levels are holding..
MACD divengence is still present, but next MACD crossover could be delayed due to bulls pushing harder than before

We'll see if resistance level will hold again
Breakout time could be approaching.. will it be below support or above resistance?

2017年12月16日

注释

Broken resistance level: bearish pattern now looks to be turning to bullish

It could be interesting to wait for a pullback to the broken resistance before entering a LONG order around 19000.
Stop loss around 17000 should fit

2017年12月18日

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It looks like a pullback has indeed happened..
Previous resistance level turned into support level, which is now holding.
RSI shows room for growth, while bearish pressure could be weakening, according to DMI.

Let's see if price breaks through 19000 level

2017年12月18日

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Triggered LONG entry order at 19000 level, once bounced from new support level

2017年12月18日

交易开始