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davevanbeeten

Rising wedge, SHORT TERM BEARISH

Short
Bitcoin (BITSTAMP:BTCUSD)  
davevanbeeten  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTCUSDT btcusdshort
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trendanalysis beyondta indicator bitcoin btcusd btcusdt btcusdshort
Bitcoin is in a Rising wedge

Rising wedges usually break down in a downtrend

4800$ is significant support

Danger zone, below 4800 till 3800

Below 3800.... It might get dirty

Be careful!

I like to keep the charts simple
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