Possible Scenario - Falling Wedge

28 sty 2016

This is starting to look like one massive falling wedge, for which Bitcoin is famous for. Although it is a bullish pattern, the last one we found ourselves in during the summer of 2015, failed miserably (with a Bitfinex stop run below $200). This time around I tend to be an optimist, expecting a great buying opportunity between $300 - $320. Of course I assume there will be a significant amount of chop and and squeezing within this wedge.

Good luck!

29 sty 2016

Uwaga

After this drop, we just formed another huge triangle. Falling wedge scenario still in play.

tradingview.com/chart/ov9uMGDt/

29 sty 2016

Uwaga

6 lut 2016

Uwaga

Although the larger falling wedge idea is still in play, it appears a smaller falling wedge is playing out right now. Please see the dotted line in the above chart.

14 lut 2016

Zlecenie zamknięto ręcznie

The falling wedge in this form, is failing. Trade closed.