MaxHodler

Be careful : a Rising Wedge Turning Bearish!

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BITFINEX:BTCUSD   Bitcoin
Quite in line with my alert of an Head & Shoulders pattern in progress.

And as the H&S is always a complex pattern and very difficult to evaluate precisely as it is not fully formed with a breakout of his neckline, the Rising Wedge is one of my favorite patterns for its simplicity and reliability... so be careful with the FOMO on Bitcoin!

Watch out for the bottom break, which would be the way open to an interesting trade (short).

DISCLAIMER: This is not an investment advice. Invest only what you can afford to lose.
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