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BTC Bitcoin Leading first wave diagonal/bearish rising wedge.

Bitcoin (BITFINEX:BTCUSD)  
Smilao  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) BTCUSD BTC short
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trendanalysis chartpattern waveanalysis bitcoin btcusd btc short
Bitcoin is forming a leading 1st wave diagonal/bearish rising wedge.
At the moment btc is finishing the 5th wave, RSI is long steam and MACD histogram is downticking.
Good play for a short target would be around the 0.382-0.5 fib level.
Short play 3.65% gain R:R of 2.97.
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