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Mamou-Q

Bitcoin: rising wedge coinciding with a bearish divergence

Short
Bitcoin (BITSTAMP:BTCUSD)  
Mamou-Q Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Trend Analysis BTC Bitcoin (Cryptocurrency) BTCUSD
4
2
chartpattern trendanalysis btc bitcoin btcusd
Bitcoin is within a rising wedge, which tend to break to the downside. That is also coinciding with a bearish divergence on the 4h frame.
Maybe its time for a proper retracement?
Comment:
minutes after the post, price dropped by 5%
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