Rising wedge and "in process" head and shoulder patterns

21 May 2018

Rising wedge and "in process" head and shoulder patterns in addition with one day chart technical analysis and historical bitcoin performance data all indicates that we will not be able to hold 8000 and will test 76-7800 level within a week. Time to short. Absolutely not a financial advice.

22 May 2018

Not

Expect a small bounce from 8180-8200 level before we move further down to 7000s level