BTC - Falling Soon

BITFINEX:BTCUSD60

Bitcoin / DollarBitfinex

Description

⋅ Nov 16, 2017 9:18 AM

BTC have a weak bulls movement and right now moving into Rising Wedge and have double Bearish Divergence on SQZM.

Comment

⋅ Nov 16, 2017 10:35 AM

Bounce from top border of Rising Wedge, reached 7525

Trend Analysis Chart Patterns

Comments

dannymey_

⋅ Nov 16, 2017 12:45 PM

@artgen567 I like your idea. what target do you expect?

artgen567

⋅ Nov 16, 2017 12:50 PM

@ameisenbear, hm ) watch on this only because BCH falling down.
If pattern will be broken up - BTC go to 8K
If patter will be broken down - support may be on previously consolidation 7200, trendline crossing 7000 or 6500-6600 (consolidation before this rally).