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BabyWh4le

Bearish point of view for $BTC. Price action trading.

Short
Bitcoin (BITFINEX:BTCUSD)  
BabyWh4le  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT Bitcoin (Cryptocurrency) crypto Cryptocurrency Bearish Patterns Technical Analysis
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trendanalysis chartpattern indicator btc btcusd btcusdt bitcoin crypto cryptocurrency bearish technicalanalysis
Here's what I'm looking at and my reasoning behind it.
1st target is a daily support level and correlates with the 61.8 fib retracement level.
2nd target is just using the base of the wedge to estimate the size of the move if the pattern (rising wedge) plays out according to textbook rules. 7% drop.
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