BTC Rising Wedge

18. Jan. 2018

Bitcoin is currently in a rising wedge. Looking to close longs/short between 12500-13000 followed by another elliot wave cycle down to about 8.8-9.2k. A break above 13k could signal a break of the overall bearish trend and should be accompanied by an increase in volume for confirmation before buying.

18. Jan. 2018

Trade ist aktiv

18. Jan. 2018

Anmerkung

MACD crossing on the H1. First target 10,600, will likely dump lower

19. Jan. 2018

Anmerkung

Bullish divergence forming here. May need to wait for more volume before the downtrend can continue

19. Jan. 2018

Trade wurde manuell geschlossen

Looks like we may have another leg up in the wedge. Divergence forming on lower timeframes