BTC, support turned resistance. Time to short this rising wedge

Volume is declining, price is rising into rising wedge, the 9200 area has turned from support into resistance and it's about to dump. Next major support around $8800, then $8400.
Easy short.
Good luck. Place stop loss above the recent high at 9500 area.

Trade stängt: Stopp nått:

stopped out very quickly. Bulls reclaimed the 9200 support area. BTC will probably range here for a while as btc dominance falls and the alt market has a mini bull run- which only happens when btc is moving sideways/ranging.
on to the next trade.