Refer to chart, i'm expecting price to move lower into the area as shown, this move would equal wave c=a, stops can be placed very tightly here given that price can't go below the shown line, even by one tick, as that would invalidate the overall bullish chart layout, add allowances for the trade spread.
Comment:
I'm looking to go short on btc very soon, area of interest for me is at the 6090 / 6050 area, with target at 3600 to 3400 zone, just waiting on price action to confirm, but nearly there. Will update comments when i've opened my short
Comment:
higher area could target 6300 - 6500 as well, just waiting and seeing how price move here, i haven't opened any shorts
