Shorting BTC here

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Levels marked on chart.
I just entered in a hurry but will explain the reasons I took this in the comments
Trade active: Taking 1/3rd off here at 6490 stops lowered to BE
Trade closed: target reached


There is obviously heavy selling at this level (6760-6820), not a single hourly close even above 6760 which is exactly last week's open as marked on the chart.

The weekly open 2 weeks ago acted as strong resistance last week too as mentionned in the chart.

We're still in a bearish trend and I believe it is distribution happening again.

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