Fell out of Wedge, current trendlines.

OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
72 1 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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out