Neutral on BTCUSD. Currently in a wedge pattern and will wait for a break above the descending trend line or below the ascending trend line to enter a trade.
If the descending trend line is broken, look for a move up to the 1.272 extension of the previous swing high to low which coincides with the previous 500 spike high.
If the descending trend line is broken, look for a move up to the 1.272 extension of the previous swing high to low which coincides with the previous 500 spike high.
