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LiuTrader
Apr 15, 2019 4:26 PM

BTC points to $5024. Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin seems to have formed again a rising wedge, much smaller than the last one in time and price, but I believe that the outcome will be the same. I'm projecting a drop to 0.618fib ($5024), this move should happen in the coming days.

The RSI is playing an important downtrend, OBV remains neutral and MACD is trying to cross to the positive side but already with a downturn.
Comments
IgorPorokh
@LiuTrader Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
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