piresbruno

BTC falling wedge

Long
piresbruno Updated   
BITMEX:XBTUSD.P   Bitcoin
BTC seems to be finishing wave 5 of a falling wedge, if it's confirmed, can bring it back to the $6450 range.
All short and medium time frames are oversold, this indicator together with the falling wedge, seems to me a reversal (short term) might happen.
Trade closed: stop reached

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.