BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Finally btc made some moves and printed a rising wedge , it's overbought on stoch and we have a TD8 on H4. We have a good RR for a short.
Comment:

We do not like this short. No volume, bullish price action at the confluence of -0.236, 1 to 1 extension of previous impulse and support line (wolfe wave target line). Bullish divergence on stoch and macd.
Comment:

We can argue that a long at 6300 isn't a bad idea.
Comment: And it wasn't a bad idea at all.
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