BitcoinShort
BTC Short Idea - Ascending Wedge Retest
BTC had a nice flush below the ascending wedge after it broke earlier. It's having a recovery rally now, but I'd expect this to fail if it moves all the way up to retest the wedge. There's also some horizontal resistance around there as well for it to contend with. If it's able to get past all that, I think the short term trend may be switching back to up.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Disclaimer
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