Finnovin

BTC is struggling against a big drop

Short
Finnovin Updated   
BITSTAMP:BTCUSD   Bitcoin
Everything's on the chart. if you have questions please leave a comment.

please note that for high volume positions, you should wait for confirmations and then open your position. right now, it's still hard to manage the risk.
Trade active:
close to the target, as you can see, the consolidation was significant and that's because of the high supply locked in high-scale range to be freed
Comment:
check out the side way trend in lower time frames, based on which it's not really safe to open long positions yet.
Trade closed: target reached:
So far, we're in the target zone. there we may see turbulence or leaving it down leading to a drop to 19K. check out the last post on bitcoin
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