Bitcoin is forming a leading 1st wave diagonal/bearish rising wedge.
At the moment btc is finishing the 5th wave, RSI is long steam and MACD histogram is downticking.
Good play for a short target would be around the 0.382-0.5 fib level.
Short play 3.65% gain R:R of 2.97.
At the moment btc is finishing the 5th wave, RSI is long steam and MACD histogram is downticking.
Good play for a short target would be around the 0.382-0.5 fib level.
Short play 3.65% gain R:R of 2.97.