Get started
Crypto_Leverage

Rising wedge and "in process" head and shoulder patterns

Short
Bitcoin (BITFINEX:BTCUSD)  
Crypto_Leverage Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators short
4
2
trendanalysis chartpattern indicator short
Rising wedge and "in process" head and shoulder patterns in addition with one day chart technical analysis and historical bitcoin performance data all indicates that we will not be able to hold 8000 and will test 76-7800 level within a week. Time to short. Absolutely not a financial advice.
Comment:
Expect a small bounce from 8180-8200 level before we move further down to 7000s level
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.