BitcoinShort
15 min BTC USD
15 min BTC USD
Overall bias is still bearish
Current bias is bullish inside a rising wedge. Price is still printing bullish candles that are starting to weaken. I’d like to see if price will get stopped as it reaches or crosses the 1 HR resistance.
Prior to the rising wedge, price has created head and the left shoulder.
Their first HH was a bearish OB. On the smaller time frame (5 min) price is slowly reaching previous HH with a history of bearish OB.
I’ll be placing a sell once it gets rejected from breaking 1 HR resistance.
Overall bias is still bearish
Current bias is bullish inside a rising wedge. Price is still printing bullish candles that are starting to weaken. I’d like to see if price will get stopped as it reaches or crosses the 1 HR resistance.
Prior to the rising wedge, price has created head and the left shoulder.
Their first HH was a bearish OB. On the smaller time frame (5 min) price is slowly reaching previous HH with a history of bearish OB.
I’ll be placing a sell once it gets rejected from breaking 1 HR resistance.
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