RE: Bitcoin With A 5 Wave Wedge With The Overthrow

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Bitcoin With A 5 Wave Wedge With The Overthrow

in bitcoin •  7 years ago 

Just to clarify: do you mean the pattern confirms only with a close above the upper line of the wedge (~$8k)? Thanks!

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yes the closing price is boss but remember the price can cluster too. A weekly / monthly close above holds more promise, nothing is 100% but increasing odds when closing price is above resistance.