ryomzzz

Bottom will come, BIG FAT Bounce Will follow on bottom Trendline

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
6,800 - 7,000 should be the bottom. Compared to 6,000 it will be a higher low = Bullish Sign. A clean Falling wedge is intact and should hit the trendline which is set around 7,000.
SHORT IT IF U KNOW HOW.

Comments

Great job, I didn't notice the falling wedge. Do you think the right shoulder will break down?
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ryomzzz sarged
@sarged, i was thinking about that, it seems like it got rejected today though.
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sarged ryomzzz
@ryomzzz, well exactly my point, if it's a rising wedge it had to bounce )
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