BTC broke out of this rising wedge pattern and currently testing previous support as resistance. If price fails to break above the trend line, this will be a nice short entry. Target 1 = 0.236 fib level. Target 2 = old resistance that was not tested as new support.
Comment:
Forgot to mention bearish divergences on both RSI and MACD.
Comment:
Still not broken
Comment:
BTC got back into the wedge and broke out below again. My idea remains the same!
Trade closed: stop reached