Bitcoin
Short
Updated

Rising wedge here - Expect a small drop soon

172
We are currently forming a typical rising wedge, and i would expect us to drop to around ~6600 with a small retrace to follow before moving towards our 6000 mark.

I will be shorting within the next hour
Note
Still a wedge going on expected drop just delayed a couple of hours
Note
We still got a wedge going and i expect the drop in a couple of hours. RSI is building up to support it

snapshot
Note
Still following the wedge pattern. Drop is incoming

snapshot
Note
The wedge did the fall as expected, lower initial drop, but i do expect more drops to follow

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.