Author

Topic: Bitcoin Breaks Decreasing Wedge Trend (Read 162 times)

jr. member
Activity: 112
Merit: 1
April 12, 2018, 12:54:24 PM
#1
http://markets.businessinsider.com/currencies/news/bitcoin-price-spikes-14-in-less-than-an-hour-2018-4-1021289052

For the past week it has been very clear that bitcoin had fallen into what is commonly known as a decreasing wedge. To experienced traders this is very well associated with an incoming breakout. In this past week, the volume increased two billion alone with very little movement in the price to match. It is nice to see that it followed this trend perfectly. Good luck everyone.

Best Regards,
The Elysian Team
Jump to: