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ecicic
Mar 7, 2018 11:23 PM

BTC case for 8200 Short

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

Description

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Rising wedge + End of wave 5 starts the corrective sequence. MACD, RSI, ADX and EMA crosses confirm downtrend. Not a trade since i do not short bitcoin. Just a potential level to look for reversals and open longs

Comment

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i see bear flag and continuation

Comment

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Trend AnalysisWave Analysis
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