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nine11cali
4 jun 2018 01:29

Rising wedge 

Bitcoin / U.S. dollarBitstamp

Beskrivning

NEUTRAL TO SHORT in the short term hours to days

Looking at basic chart patterns, there is a rising wedge indicating a significant drop soon. The volumes have been low and down trending this entire move up. This is a less impressive on a volume scale than the short squeeze that drove prices shy of 10k. Next couple of weeks looking more bearish. Sell in May was right, we are still early in June
Mer