Rising Wedge Confirmed!! VERY BEARISH! for BITFINEX:BTCUSD by astars111

trendanalysis harmonicpatterns chartpattern btcusd btcusdt btcusdshort btc

I'm Expecting btc to rise to the top of the channel at around 10.500 then fall and break out to the 0.382 fib line or 9600.
BTC is Short term bearish.

Comment:

BTC hit target of 10.5k and is now retracing. Will test the bottom of the wedge at 11.2k and see if it holds now.

Comment:

sorry target of 11.5k

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.