BTC-2018-04-21: Rising wedge and tracing

In the last 10 days the BTC has had a phase of strong growth, increasing its value of about 2000 €. This increase has led to the emergence of a currently existing wedge.

In image 1 we can see the technical analysis of the BTC:

Image 1 : BTC – Tradingview – BTC raising wedge – time frame 1d – 2018-04-21 morning

Traced in blue we can see the raising wedge that seems to be ready to break it. In purple dashed, at € 7600, there is also a first resistance drawn on the previous relative maximum.

This information suggests a breaking down of the pattern. We therefore suggest to insert the appropriate stop loss.