BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
The #BTC/USD pair is forming a rising wedge , it is a bearish pattern while many are referring a reversal pattern such as an inverted head and shoulders ( H&S ) pattern. A pattern is not a pattern till it gets complete. That makes me surprised when TAs are talking about possible, a possible inverted head and shoulder pattern. Read their TAs, a possible/ The basic rule is that you never call for a possible pattern unless you are coming from the future. The chart is talking for itself. It does not need a pattern prediction. We see clearly a bearish pattern , a wedge . BTC has played this game for many times. Taking the price down by 2k and then give a bit of hope to bulls. Where is the bottom? no one knows. If the wedge breaks down, We will see the retest of the broken trend-line as the temporary support at 5k levels. This game becomes more possible as long as #BTC is trading below $7,040 levels.

This is the same for ETH, LTC and BCH charts.
Trade active: Well, hello ladies and gentleman! Here we are again! just 3 days ago, I called to short Bitcoin. Now, #BTC is trading at $6,180 levels at the time of the writing this quick update! The mid-term trend is still bearish. BTC even failed to break $6,400 levels and $6,250 levels did not hold either. All telling me the given scenario is in play still and it made all our short positions in a good profit so far. We still keep that position. I will update you soon. Stay tuned.


Keep posting em mate. I closely follow your work. The best at TA I have ever come across. Respect
Perfect ..
a bitter pill, nobody wanted to hear it. you deserve more likes
well done sir .. highly underrated on TV. keep up the good job
this time will be different. lets pray. tired with bear market.
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