JaySteele

BTC still ruled by "falling wedge".

Short
JaySteele Updated   
BITFINEX:BTCUSD   Bitcoin
Since the top this summer I have been looking for 6k BTC. I remain bearish until yet again another falling wedge breaks the support and a sell off below the support line takes BTC to another washed out low.
Comment:
BTC about to break out from an Inverted Head and Shoulders Bottoming pattern. Reverse Short, Buy @ 7800.00 Upside target 12k.
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.