Hello steemit,
see below my current prefered scenario of BTC-USD market. Market action of last weeks forms a rising wedge. Intraday we saw a breakout over the top from June 2016, but this breakout failed. In my opionion there is to much optimism all over the media that we will see a breakout.
Best Trade,
@twinner
Disclaimer
Ja bei einem breakout an diesem Level würde man ein hohes Volumen erwarten was nicht da war. Ich denke auch das es möglicherweise wieder nach unten geht.
Yes tarek, we will see what now happens.
Oooh, tough one. Technically a reversal pattern and potentially a double top with the other high on the left side. I'd give it a 40% chance to drop to 675 and potentially lower.
I believe we will see $700 before $850.
Seems you have a setup for tomorrows crypto contest :-)
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