RookieXBT

BTCUSD Rising Wedge (Simple Trade) - Dec 19th

Short
RookieXBT Updated   
COINBASE:BTCUSD   Bitcoin
BTCUSD has been grinding away this past week, but good things must come to an end for the time being.

Looking at a rising wedge that is getting tested as support repeatedly, expect it to break down shortly and target the $3550 - $3650 range.

The range highlighted would be ideal long opportunity (BTFD).

Keeping things simple


Comment:
Working out to perfection thus far

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.