Short entry : 7239
Main target : 3600
Levels along the way are 6k, 4400-4600 and then 3600.
Main target : 3600
Levels along the way are 6k, 4400-4600 and then 3600.
Comment:
Revised main target: 2500
Comment:
Short begins at 7325 break on Bitstamp
Trade active:
Trade began 7325 break on stamp! Consider taking profit on key levels mentioned and playing the bounces.
Comment:
Since we are hovering around 6500 for multiple days, once it breaks 6k will not hold as support, so consider profit taking only at 4400-4700 area.