SmartCryptoAssociation

BTCUSD - Short Term - Option 2 playing out.

BITSTAMP:BTCUSD   Bitcoin
The second option from our last update is playing out. We have also speculated on another price channel and trend based on the previous price action.

We are looking to SHORT around $6.6K ranges, Stop-loss will be placed based on the invalidation of the new price trend by price moving up and then consolidating above the drawn descending channel.

Happy Trading!

Smart Crypto Association [ SCA ]
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.