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amirhoseinmlh
Aug 7, 2021 4:24 PM

rising wedge breaking out ?! interesting Β Short

Bitcoin / TetherUSBinance

Description

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based on last BTCUSDT analysis we expected falling down but first btc went up to 40500 near the 100 D Ma (40736) and then rejected soo bad (see that damn shadow πŸ˜‚) Which ACCIDENTALLY :) has broken out our rising wedge
so as you know it's a bearish sign ( I'm talking about short-term)
so the C wave I talked about is going to happen :)
it could return sooner than we think (36400) take profit in major R
Good luck
Thanks for your attention
Comments
poidogofficial
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BTC has been crushing rising wedges. I don’t trust them ATM. BTC is too emotional right now
amirhoseinmlh
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@poidogofficial agree , must be careful . I myself opened position with 5x leverage
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