RigK
Short

BTCUSD in possible Descending Triangle setup

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             might be setting up in what looks like the final stages of a descending triangle . A move higher into the marked zone could complete wave E for a shorting opportunity towards the 8000 - 9000 price level. If price drops further form current levels then the triangle setup idea will not be valid anymore.
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