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hosain_noorani
Dec 2, 2019 11:14 AM

Bitcoin Risin Wedge Short

Bitcoin / U.S. dollarBitstamp

Description

BTC is shaping a Rising Wedge at the moment and is very likely going to have to deal with two strong resistances forming a cross at 7378 and also the next resistance at 7440

Next target would be around 7150

Good Luck & be safe out there

Trade closed: stop reached

As we can see. the wedge is broken downward and at the moment we are seeing the price potentially fall to the previously mentioned target of 7150
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