/BRR (Bitcoin futures) have triggered a sell signal on this impulsive breakdown below the trendline/rising wedge pattern that I’ve been highlighting in recent videos. The minimum pullback target is 43457. 60-minute chart below.
GBTC (Bitcoin Trust) has also triggered a sell signal on this break below the uptrend line on the daily chart.
Likewise, we also have an impulsive rejection off the 22.4384 resistance level which I suggested to sell ETCG (Ethereum Trust) at in Friday’s video with ETCG down 16% & now trading at my 17.3377 min. pullback target where a reaction is likely.
With the two big (and most other) cryptos down today, we also have the sell signal that I’ve been looking for on one of my favorite crypto proxies, RIOT (Riot Blockchain Inc), with a breakdown below the steep uptrend line on the daily time frame.