crypto_poet

Ok homies - it's a falling wedge - now criticize

Short
crypto_poet Updated   
BITFINEX:BTCUSD   Bitcoin
You all might be bullish and hoping for the moon but reality is... it's a bear market still. No one will see 6k + for months form now, since bottom isn't confirmed yet - moreover ... I believe we will still go lower.
For now thing's look... eh - ok. First on the way is a retracement to Fibo 0.618 and if we bounce from there we might see a test of 4200 area. For now I can see a short oportunity.
Trade active:
I can see it like this :

Trade active:
Rising wedge confirmed.
Trade active:
Check out daily candle :

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.