If the time is due for correction in bitcoin , the target is 6600. Rising wedge broke down with a strong spike and now consolidating. Will be taking a short at the top of the consolidation. THIS TRADE MAY FAIL. THIS IS NOT A HIGH PROBABILITY TRADE(because of the tight stop loss). BE PREPARED TO EXIT IF THE FLAG IS BROKEN UPSIDE.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.