mathmat86

Small Correction on Btc

Short
mathmat86 Updated   
BITFINEX:BTCUSD   Bitcoin
Bear Div, Rising Wedge, Small tenkan Bounce on 1hr.

There will be a rejection of cloud (temporary).

Which Will link in tenkan Bounce on the 4hr.

Comment:
First rising Wedge played out, Stopped at 4hr Kumo and 0.236 fib support.

Small Bull div, could bounce to 7700 before the next leg down.

Next target is on 0.5/0.618 Fib, along with Kijun Support and Support of the last Moves. Waiting For that Second Rising Wedge to play out.

Comment:
1st Target : Done

Next is 7400 and big Bounce inc.
Comment:

Closed at 7400.

Morning Star, Let's see where we're headead now, thinking of 8ktho.
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