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TheDigitalStonks
May 25, 2020 9:13 PM

Rising Wedge forming on the Short Timeframe Short

Bitcoin / DollarBitfinex

Description

Bitcoin is moving up in what might be looking like a bearish rising wedge pattern on the 1H Chart. Entry, SL and Targets are on the chart. Seems like a risky trade but worth taking for me. I still think we will see prices in the 7.1k- 8.2k regions in the next few weeks but Bitcoin might go up to 9.3k-9.5k if the current setup fails. Pumps are for shorting. Good Luck!
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