awengraf

BitMEX Trading Idea

Short
KRAKEN:BTCUSD   Bitcoin
There is strong resistance at the 4406 level. I expect prices to be very flat until the 29th August.
On the 29th August we will see the formation of a triangle which will determine the direction of any potential breakout, or trace back.

I suspect we will be going lower, and the price will decrease to the 4000 zone.

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