cjezza

BTC- One last move down before up

Short
cjezza Updated   
BITSTAMP:BTCUSD   Bitcoin
I think we get the usual wedge pattern forming after a liquidation wick seen over the weekend, which usually is a continuation pattern down. Just below 45k sits the .618 fib, I think we bounce from there.
Comment:
Trade stopped out at entry. BTC has put in the local low. Will look to re-short at the bearish cluster formed between 53-54k range. Will post a chart as we get closer.
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