sauceyboy5
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8Ideas
2Scripts
0Joined Mar 15, 2018
bitcoin
btcusd
chartpattern
cryptocurrency
deathcross
fibonacci
indicator
risingwedge
short
shortsetup
sma
supportandresistance
trendanalysis
trendline
wedgepattern
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The downtrend should continue after the handle is done forming. I freaked out when BTCUSD retraced about 100% but then I noticed the Inverted cup and handle. Fingers crossed short sellers.
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Once the price comes out of the bottom of the wedge and the candle closes, it should be a good place to short. I'm gonna set my stop-loss right above the bottom support line of the rising wedge.
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