Bitcoin
Short
Updated

Bitcoin/USD - Last Fall Before Big Uprise

490
We left narrower rising wedge to form the wider one to hit the 23.6% fibo retracement level of whole 9.9k-7k move and borders of wedges. We also left down-trend line from 9.9k on all interval up to 1d so correction is highly possible and even needed in this place.
RSI, BB and Stoch RSI shows many bearish signals on most intervals.
Trade closed: target reached

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.