BitcoinShort
15 MIN BTC USD
BTC USD
15 min
Overall bias is bearish
Current bias is bearish inside a falling wedge. Price has been moving inside a falling wedge creating double tops moving sideways. However price has not broken support . Current candle is below the neckline inside the wedge.
I’d rather wait until price has retest all their bullish OB areas and go bearish/sell once price retests the previous bearish OB at 19830 or retests previous HH before going bearish again. the 1 HR zones are important areas of break and retests. My 2 TPs will stop at 19630. If it continues to break support, it may continue to break the Daily zone or at 1 HR support zone at 1901.6.
15 min
Overall bias is bearish
Current bias is bearish inside a falling wedge. Price has been moving inside a falling wedge creating double tops moving sideways. However price has not broken support . Current candle is below the neckline inside the wedge.
I’d rather wait until price has retest all their bullish OB areas and go bearish/sell once price retests the previous bearish OB at 19830 or retests previous HH before going bearish again. the 1 HR zones are important areas of break and retests. My 2 TPs will stop at 19630. If it continues to break support, it may continue to break the Daily zone or at 1 HR support zone at 1901.6.
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