Falling Wedge Play Bitcoin (short-term)

May 26, 2020

Falling wedge looks solid. Continue short if you already hold - target purple box. Breakout of wedge would see a strong move upwards after (which benefits a stronger bull-div on the rsi after breakout). If not, further down we go.

Happy trading :)

May 27, 2020

Note

short closed, wedge already found bottom. retest outside of wedge. Looks like we are moving up to test high 9ks