c4rt0
Short

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

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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 :

BTCUSD H4 Correction up. Checkout the idea detail's and update's for the complete picture!
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Agreed. Look what happens nearly every time the RSI hits 70 on the 12HR...
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mhfcrypto artem19840910
@artem19840910, you're looking at the 4HR.
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artem19840910 mhfcrypto
@mhfcrypto, yes .I know that
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mhfcrypto artem19840910
@artem19840910, well, what's your point then? The Bearish Divergence isn't showing yet on the 4HR.
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artem19840910 artem19840910
@artem19840910, We will see it on 4175.I think so
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c4rt0 artem19840910
@artem19840910, 200 EMA is a powerfull resistance. We all doubt now... It'll hold in my opinion.
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c4rt0 artem19840910
@artem19840910, If you look at 2 hr you can see bearish divergence...
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