Bitcoin fake out to the downside. Asleep for upside breakout.

Well, the break to the low side was a fake out of the wedge pattern.

Dragging stops is important after a breakout. A good breakout with momentum will not return for days.

The confirmation of the second low on the wedge pattern was questionable. It didn't quite meet my criteria but I went with it.

Price dropped and soon returned back towards the lower trend line. This was a warning that the break really lacked momentum.

Of course I was asleep when price rocketed straight through the pattern to the upside. Not a massive move so far.

Well, on to the next. Can't win them all. Perhaps I should wait for the perfect pattern to trade.

I'll keep you posted on what I see developing over the next few day.