jalapablo

BTC: Dreaming of a Red Christmas

Short
COINBASE:BTCUSD   Bitcoin
BTC doesn't look healthy at all, from a bull perspective. For a bear though, it's looking robust and full of life! Watch out for the ascending wedge we are currently in. Exit liquidity looms around 17.5 to 18K USD. Do be careful if you're tempted to go long this holiday season; your Merry Christmas could turn into a Beary Crashmas literally overnight. Please remember to take profit or exit the trade if the PA breaks north from the wedge and enters the LV mitigation territory. You can thank me later.

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*Not financial advice. DYOR and trade at your own risk.

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