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BTC is set to fall.
Bitcoin
Short
BTC is set to fall.
By BubbleBubblePop
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Updated
Jun 5, 2019
7
Jun 3, 2019
RISING WEDGE is formed. Volume is also Declining.
Most importantly, the price gets higher, but the MFI is falling.
This MFI divergence indicates future bearish movement of BTC.
HOWEVER, The great trend has been changed to uptrend, So, Fear not.
Jun 5, 2019
Trade closed: target reached
If the price breaks 7.4 K downward momentum will be strengthen until it reaches 6K.
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Chart Patterns
Divergence
MFI
Trend Analysis
Wedge
BubbleBubblePop
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