SmartCryptoAssociation

BTCUSD - Short Term Rejection

Short
BITSTAMP:BTCUSD   Bitcoin
We are getting the rejection now and the volume is starting to come to the bearish side. Price has already moved down around 5% from our resistance level. If you are feeling bearish here, you can speculate entering shorts as price moves back up with a stop-loss at slightly above 35K. 35K because that would invalidate the bearish scenario by creating a higher high.

NOT FININCIAL ADVICE - happy trading
Commentaire:
Moved stop-loss to break even. TP:27200

Smart Crypto Association [ SCA ]
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