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My opinion is that they are both valid and I have also seen some overshoots of the wedge lately; but I do think it could offer resistance.
Using triangle target projection, the triangle could measure to 74-75,000. (no guarantees of course :) https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation
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My opinion is that they
Bitcoin trying to break out of its coil
Posted by cozz101 on 10th of Apr 2021 at 12:44 pm
My opinion is that they are both valid and I have also seen some overshoots of the wedge lately; but I do think it could offer resistance.
Using triangle target projection, the triangle could measure to 74-75,000. (no guarantees of course :) https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation