CryptoGraffer

Bitcoin Heading to $7200 ($6950 - $7450 range)

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin hit the previous target of $7700, it looked like wave 5 but it now appears it was actually wave 3. With the new count, Bitcoin is likely heading to the $7200 range with a $250+/- variance. It's a good play for going short.

Take profit 1 - $7300
Take profit 2 - $7000
Stop loss - $8500

I will update this when I receive 15 LIKES. Please click FOLLOW if you find my TA valuable. Good luck!
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.