With all the market being a paradise for bears I'm using a short position while making profits on MSFT since $187. I'm not closing the short position as I'm seeing the next target of $144, which is the 50MA. Global support is at $118-$120 area and we will definetly visit this area qiute soon if the fundamentals remain the same.
A rising wedge on 1 day can be seen easily. Tonight the price dropped from ~10200 to retest the rising wedge area once again. Bulls need to hold above 9900 to remain above the wedge. Failure may mean that the price goes significantly down.
BTC is in upward channel on 15-30 min timeframe, watch while it goes through this channel it is a great chance to long the bottom side of the channel and short the upper side.
