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andypro16
Feb 6, 2018 11:58 AM

Just a simple trend trading idea Short

Bitcoin / DollarBitfinex

Description

We can see the major downtrend on daily chart has already been broken DOWNWARD. That's why we see an accelerating dump now.

I see a possibility that btc would retest the new downtrend resistance (the bottom of the previous channel) and we could short it.

This trade will be active only when btc is trading near the resistance.


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