Kappy
Short

short entry opportunity Bitfinex hourly

BITFINEX:BTCUSD   Bitcoin / Dollar
121 1 1
Stop loss @ 244

Target ~193
Comment: If price continues to break down from current levels, I believe this is a good opportunity to be short. Here is my update to the wave structure
snapshot

I changed my original count to an alt. count in red. Both counts suggest it's time for price to roll over. Stop loss @ 244 and target remain the same.
Comment: Stop loss was hit a few minutes ago. This trade been canceled.
Count update from my comments last night are looking good so far...
snapshot


Watching for support at 235, the wave (1) low, to be broken next.
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