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Bitcoin
Short

Bitcoin downwards move ahead

By kurtisnuhu
On the 3 hours chart, BTCUSD is forming a rising wedge pattern (short signal) and is currently near the end of the compression. The MACD indicator strategy also suggest a down move. For the short term, a short position might be advisiable. For traders who currently have bitcoin, in the longer term, it seems like the uptrend is still strong.
Bitcoin (Cryptocurrency)blockchainBTCChart PatternscryptoCryptocurrencyTechnical IndicatorsshortTrend AnalysisUSD
kurtisnuhu

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