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yourkardashian
Mar 17, 2019 7:23 PM

Rising Wedge Short

Bitcoin / United States DollarCoinbase

Description

4k retest got rejected. Wedge formed. Overall Bearish downtrend should send us downwards. Watch out for any long upward wicks that will try to clear your stop-loss. Market feels greedy right now. My friend who doesn't trade crypto is looking to buy in. A good indicator that we're in a greedy area and should be correcting downwards.

Good luck traders!

Check out litecoin too! 140% increase since December. Feels a little too early for this much increase despite block halving in August.
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