MrLucifer7

Bearish Wedge Manifestation

Short
BITSTAMP:BTCUSD   Bitcoin
Alright Gents,
Havent been around a computer long enough to get some of the specifics of the calls Ive been making on twitter. Anyway lets get down to brass tax.

Looks like we have many bearish signals at this time. From the Mac D to the RSI as well as the pattern that I believe will take another day to complete so there will be plenty of trading opportunities in the crypto market all together to be taken advantage of. DONT FORGET TO TAKE PROFITS!!! Everythingis indicated on the chart to be observed in real time. Its time to start taking money off of the table at around 7700 and brace for another leg down.

The daily chart in all honesty looks great until you zoom in and find out what is going on. Some people are calling a bullish assending triangle but Ive seen enough of these bastard formations to know what follows.

I hope everyone has been having a good time trading this bearish price action... I know I have. Enjoy your day everyone.

Good Luck Gents,
Mr. Manbearpig
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