TradingView
Batrachotoxin
Aug 27, 2019 9:00 AM

BTC looks bullish in short-term. Long

Bitcoin / U.S. dollarBitstamp

Description

BTC looks bullish in short-term (but still be bearish in mid-term)

A falling wedge pattern is possibly forming in a small timeframe, indicates that BTC might have a small jump to test (10k8 - 11k2) zone another time.
If the strong support since mid-July 2019 fails to hold the price, BTC will test 9k1 local bottom.

I remain bearish in mid-term if there is no significant changing in the chart.
Comments
CryptoTrend-Alerts
Very good analysis.
Batrachotoxin
@CryptoTrend-Alerts, thank you, you are too.
More