Today's short trade hit stop loss. Overall I have +2.2%đŸ€‘ from yesteraday's long and -1%đŸ„Č from today's short. Shorting the market is the difficult because of high volatility at the top. I was ready for couple of stop losses, but I am even in profit because of longs.

Bitcoin now is forming the rising wedge or the ending diagonal. This is the extremely bearish pattern. Moreover, it is happening in conjunction with the bearish divergence with the MACD. I am waiting for the first decreasing column on the MACD histogram to open short again.

Chart 1. BTC price.

Best regards, Ivan

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