crypto-tradesman

BTC broke raising wedge

Short
BITSTAMP:BTCUSD   Bitcoin
Hi Guys,

Its been pretty volatile week for entire crypto market.
In the 4h time chart I see BTC breaking raising wedge patter (bearish signal)
MACD is -ve now (bearish signal)
RSI is below 40 (bearish signal)

these signals indicate more pain is on the way before BTC bounces back. Hold tight folks.

Always use caution while trading.

Cheers!
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.