PrepForProfit

Bitcoin Rising Wedge Break

Short
COINBASE:BTCUSD   Bitcoin
Bitcoin broke down and out of the rising wedge making it a bearish reversal pattern. Support levels shown are based on the Tom DeMark trendline breakout strategy(S1) and S2 is just a measured move equal to the price difference at the base of the wedge. Bids filled for me at $8400 and $8030 so far with more set down to $7,200.

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