Bitcoin ascending wedge brokendown
Updated
Ascending wedge broken, breakdown point retested, now heading down to horizontal support + secondary trendline + broken wedge target.
Entry 1791
Stop loss: 1841
Target 1686
Entry 1791
Stop loss: 1841
Target 1686
Comment
Also potential head and shoulders about to confirm pointing to a 1722 target.
Comment
head and shoulders confirmed and looking for target
Comment
Bounching of horizontal support + trendline.
Comment
Neckline retest.
We might head down now.
Comment
Added stops in profits. 50% 1760 and 50% 1775.
Right now looking as if btc doesnt want to make a new lower low. Will monitor it closely to reopen if stopped adn needed.
Trade closed: target reached
And other good tradeComment
Shorted the profits with tight stop (1760). It is a bear div, plus resistance level. i think it has odds to hold
Comment
And already out of that short-lived short. 0.3% loss in this quick trade.
5.86% profit in the main trade.
Comment
mmm... probably about to get stopped, but i haven't yet. we need to break 1760 to trigger my stop.
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