TradingView
BitCapJNY
Mar 9, 2020 1:45 AM

Fallling Wedge  

Bitcoin / U.S. DollarGemini

Description

Played the breakout in the chart below -been in a 20X short since falling below 9K. I don't like shorting BTC, but hey.


Looking like we'll soon get a bounce up to cover that CME gap created this weekend.

Could continue to drop lower and cover the 7.7K Gap.. if we bounce up first, it's all but confirmed we'll head back down to fill it.

Re evaluate once we've bounced.

What do you all think?

Comment

The $9060 CME Futures Gap corresponds perfectly with the current POC on the VPVR.. we could cover both in this one move.

neat.
More