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BharadwajRallabandi
Apr 15, 2018 11:05 PM

Bout time for a pull back, and correct deeper? Short

Bitcoin / DollarBitfinex

Description

We're forming an ascending wedge inside a bear flag. So what's next people?
Can we have a retest of 7400 level to confirm a trend reversal, to aim for the moon?
Or is this just one of those bull traps before BTC breaks 6k?

A correction is imminent, but will market decide what happens from there on!

P.S. Moon is on the other side of the line

Comment

Taking another risky choice and shorting here. Place a tight stop-loss if you wanna trade

Trade closed: target reached

7800 was a good profit taking region
Comments
mhfcrypto
Agreed. Need confirmation of any trend reversal.
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