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cryptorift
Apr 19, 2018 1:05 PM

BTCUSD - Rising Wedge Inside A Rising Wedge w/Fractal MACD Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

+ Long Rising Wedge
+ Short term Rising Wedge
+ Nearing Major downtrend resistance line for retest
+ MACD fractal potentially playing out

Support: 7500 / 6500 / 6200

This could be the last drop before we bounce out and fully break through the downtrend resistance line from prior ATH.
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