COINBASE:BTCUSD   Bitcoin / U.S. Dollar
1524 5 19
Bitcoin             is currently in a rising wedge . Looking to close longs/short between 12500-13000 followed by another elliot wave cycle down to about 8.8-9.2k. A break above 13k             could signal a break of the overall bearish trend and should be accompanied by an increase in volume for confirmation before buying.
Trade active
Comment:

MACD crossing on the H1. First target 10,600, will likely dump lower
Comment:

Bullish divergence forming here. May need to wait for more volume before the downtrend can continue
Trade closed manually:

Looks like we may have another leg up in the wedge. Divergence forming on lower timeframes
I had the same idea! Good one.
+1 Reply
Thanks for Help
+1 Reply


Should be on the last leg up before the dump
Reply


Bearish divergence on the 15 minute chart. High probability that this break downwards
Reply


Expecting a dump at 12,900 just in time for Korea waking up to short. Possible dump at 12,200 but more likely to form a bull trap
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