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DJ123
Oct 14, 2019 3:45 PM

BTCUSDT! 4 Hour Chart! FALLING WEDGE! Short

Bitcoin / TetherUSBinance

Description

BTCUSDT! 4 Hour chart! Falling Wedge on the 4 hour chart but overall market sentiment is bearish in a bigger Falling Wedge. BTCUSDT Currently still have an opportunity for a short run to the 8.8k area but it's facing strong resistance at or around the $8350 area. What I currently think is there maybe a short pullback to the area around $8120 to regain short term momentum. If that happens I see a retest at my yellow descending line. The $8500 - $8600 area will then play a major role. If I was playing this I would wait on the final run to make a decision.
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