Felling wedge playing out in BTC

22 Sep 2017

Looks like this falling wedge is continuing to play out in BTC. Stoch is oversold, but RSI is weak, Bollingers don't look promising, and Chikou span looks destined to cross a fall below. BTC could break out of the wedge at any of the support levels, but perhaps the most likely scenario is a fall back to the 2900 level where there is tons of resistance turned to strong support. It's going to be an interesting ride, strap yourselves in.

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