BTC 1H - WEDGE FORMATION UPDATE. SHORT!!
We see BTC got rejected by green supporting line and is now in the middle of the wedge. You can see the highs and lows of the present wedge. BTC is making zig zag within the wedge and can possibly zig zag until the end where BTC will have to either go up or down. Using TA, logic, news, common sense, you can make an educated decision which way BTC will ultimately go, up or down, when approaching near end of present wedge. Myself, I would SHORT BTC simply because of the overall downtrend BTC is presently on, coupled with an apparent 1D death cross that we are presently which can be seen since May 19, 2021. Can SHORT now or wait for these:
SHORT order: 35.3K - 35.9K.
SL: 36.5K - 37K
TP - as you see best.
NOT Financial Advice.
Good Luck.
SHORT order: 35.3K - 35.9K.
SL: 36.5K - 37K
TP - as you see best.
NOT Financial Advice.
Good Luck.
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