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Possible rising wedge on XBTUSD - Potential Action
Bitcoin
Short
Possible rising wedge on XBTUSD - Potential Action
By diamond_in_the_rough
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Updated
Apr 7, 2020
8
2
2
Apr 6, 2020
Sellng 7450 area with S/L near 7600
Great risk reward for me. Entry and stoploss provided on chart, target is the bottom of wedge.
Apr 7, 2020
Note
Target for entry hit, trade engaged. S/L 7620 on Deribit Perp
Apr 7, 2020
Note
Well in the money at this point. I am riding this trade with a stop loss at breakeven. Will reshort at 7800 if that occurs.
Target is 5900
Apr 7, 2020
Note
6300 is an area of interest, however. if the price stalls there i will close it.
Chart Patterns
Rising Wedge
Trend Analysis
XBTUSD
diamond_in_the_rough
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