Nuseii
Short

Fell out of Wedge, current trendlines.

OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
72 views
1
72 1
BTC has fallen out of the wedge it was in the 4HR timeframe, and it may clock in another round of support, but ultimately the trend is very bearish .

As usual with this sideways action a nice red candle forming would be extra confirmation, however i see us getting more and more resisted with time.

378 will be tested next and i see a fall to the low 370's.
Fail as seen by the aforementioned second TA done shortly after.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out