Bitcoin
Short

Bitcoin forming a crucial moment to short

Updated
Bitcoin forming a bearish rising wedge in 3 Daily timeframe and we ending with a bearish hammer candlestick, indicating sell-masive incoming. The exactly price was a rejected of $24,500 USD. And bears are taking control of the trend. I open a short position now in Bitcoin around $23,533 USD, Stop Loss to $27,600 USD and my personal take profit to $15,800 USD.

This it's a risk/benefit 1:2.

It's very important to look the things in the economical world as FED continue strength the U.S. Dollar worth what this will be a big trouble for assets and currencies vs. Dollar correlation.

I hope that this idea and analysis support you!!!

Good luck shorting Bitcoin!!!

Remember take control of your risk management, it's important for your trading!!!
Note
snapshot

If Bitcoin closed up with a strong bearish candlestick, we could to expect a crash of 50%. This it's a capitulation o the crypto-market
bearishrisingwedgebearishsetupBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDChart PatternsTrend Analysistrendanalysisexplained

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