Short

Rising Wedge into 8/1 Gann Fan

Updated

Dangerous pattern forming here on Bitcoin right under the 8/1 Gann Fan would be very careful on longing here , I like rising wedges on Bitcoin they play out most of the time .

Have to wait for more confirmation before pulling the trigger on this short.

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Rising Wedge still in play waiting for confirmation .

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If this rising wedge breakdown happens , there is going to be a huge move down

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Still in this wedge .

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SPX rolls over more in the open today , could see this wedge breakdown.

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breakdown starting

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target 41k

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Price testing bottom support of wedge and finding it as resistance now , invalidation would be a close above 44200 , if not target is still 41k.

Sporia

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