Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dgarcia
on 19/07/2014, 22:29:04 UTC
Seeing a rising wedge here, with one leg up to make. That's usually pretty bearish, isn't it? But both bulls and bears are looking pretty weak. Huh

I can't recognize any wedge. Pattern forming since end of may is a symmetrical triangle. That bulls and bears are looking weak should be a consequence of the diminishing volume before breakout, to whichever direction.