TradingView
AzizKhanZamani
Jun 14, 2019 1:06 AM

BTC Rising Wedge formation  Short

Bitcoin / DollarBitfinex

Description

Points of consider here.

- Clear Bearish Divergence
- Potential H&S Playing out
- Rising Wedge hitting Resistance
- Volume Declines

If price starts reversing, probability of BTC retesting the Neckline ($7,500) will be in play, the fact the volume is declining tell us that a big move is lurking around the corner!
More