DSltz

BTC might be setting up something bearish

Short
BITSTAMP:BTCUSD   Bitcoin
I have my SL @ the break out of this rising wedge with a ROI of 50%. Some people think we are creating a H&S on the 4H time frame. To me, the only good thing thats happening to this pump is the RSI is cooling off giving us more room for the down side. My TP is at 6K-5.8K still. If we reach 10K and hold, I will rethink my position. If you want to join my telegram group chat where I post plays, feel free to DM me. Its free until 15 June and $20 a month after that.
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.