bitcharlie

A small bear play before possibly inverse head and shoulder??!!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A following on from yesterday we have a bear Break from the equilibrium below 6423, which has been a reasoalble solid support previously. The volume for the break is less than the previous two bear break so the momentum may be week. A potential bear play would be enter now (aggressive) or enter at retest of 6423 or 12 ema , with a tight stop loss at 6423 or 12 ema . With target 1 at 6295 or 6107. I think with the weak bear volume we may be potentially setting up for an inverted head and shoulders .

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