nestay
Short

Which way to go?

BITMEX:XBT   Bitcoin / US Dollar Index
Rising wedge , rising channel , bearish divergence, possible H&S print...how long will it take for bears to take over again?
There is still a chance on a short squeeze + bullish cross on the weekly macD so if we fail to dump a last touch of the wedge resistance at 7500-7700 could play out too.
Comment:
38.2% next main support as predicted
Comment: 0.382 hit and bounced. Next decision: 0.5 (to print left shoulder) or break of the channel to the the next support at 0.236 (6510).
Comment: broke the channel and 0.236 support
Nice, wish would have seen this before haha
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Interesting - worried about my long position thank you for the perspective

My chart at present


My long at present, needs to stay above shaded zone!
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