realeyez

Bearish Rising wedge

realeyez Updated   
COINBASE:BTCUSD   Bitcoin
BTCUSD
  • Looking like this could be a Bearish Rising wedge. Looks like those that have been trapped in the 12k ranges may get a chance to get out before we move down again.
    looking @ shorts between 11500-12k

    going bullish @10800-10750 till we reach target zones for the bear case up top again.

Comment:
shortly after writing and publishing this we broke below the wedge. took short positions here as conformation came in with an hourly close below the wedge
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.