BTC is showing some high 'Overbought' indicators on the higher time-frames, however is oversold on the smaller ones (15M). We're also seeing a Rising Wedge pattern at play. My entry into a short position will be the 'Double-top' of the previous high with a stop above the resistance of the Rising Wedge incase it breaks up to a running wedge. However, I think we'll be retracing soon. Target is 0.5 Fib Retracement that also falls on a local level support.
Riding the waves...
-Wolfie
Riding the waves...
-Wolfie