BTC MEGAPHONE 32,
BTC has completed printing a Broadening Wedge with a partial rise of 50%. With 3 touches on the bottom and the partial rise, this suggest a downward breakout. Point E was 38,200, therefore any closing below that is considered breakout territory.
Distance from D-E is 4,776, therefore PT2 is set at 33.424 and 0.618 FIB puts PT1 at 35,250.
