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TradingZzone

$BTC Bitcoin is clearly forming a bearish downtrend rising wedge

Short
Bitcoin (BITSTAMP:BTCUSD)  
TradingZzone Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD Cryptocurrency crypto coinbase coin Bitstamp Contains image
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trendanalysis chartpattern indicator bitcoin btcusd cryptocurrency crypto coinbase coin bitstamp containsimage
As you can see in my chart Bitcoin is forming a Bearish downtrend Rising Wedge in Daily TF. Success rate of this pattern is 65%-70% and target is $19.2k

At this point, Bitcoin tackles a resistances at $25k-25.5k level, SMA-100 and Ichimoku Cloud...
Trade closed: target reached:
Target reached very precisely💰

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