Bitcoin is in Sell off: Bearish Rising Wedge

In this analysis in H1 timeframe we could see a possible drop of more 10%. that mean that Bitcoin it's appears need to make a correction before o c to continue up the trend, that is a possible drop seriously that bears is right now take control of this momentum.

Now compared their movement, the rising wedge say us a possible continuation until the $9,100 USD go back of this level.

So, It's a good opportunity to make money of Bitcoin.

Well, the price entry is in the market price, with a SL at $10,900 USD and the take profit of $9,100 USD.

i say you that because in 3 day candlestick or this timeframe we see that Bitcoin has the possibility to break down this support line and Bitcoin is not secure to continue up!!!

Other possibility target it's could be the $8,883 USD to confirm that

That could be the movement of what Bitcoin can do.

Trade active:

Happy saturday guys. In this day Bitcoin is started to drop. Waoh. Prepare for the a grant drop until the $9,100 USD as target profit

Comment:

Tosay afternoon I will going to maeka and updates and analysis. Altcoins are drop more percentage than Bitcoin. Just I still analyze Bitcoin until I found out other position flr Ethereum

Trade closed manually:

Hello guys. Closed up your short poaition and put a long. Becausw Bitcoin is rejected right now in H1 timeframe and bulls are defend the Daily zone support. I will go in minutes to make a technical analysis