ARESABI

BITCOIN - Looking for Volume and a Bearish Move

Short
ARESABI Updated   
BITSTAMP:BTCUSD   Bitcoin
I'm watching the price closely since my last update (linked below).
The Bollinger Bands are narrowing and the price is moving below the Moving Average.
We might see a short squeeze before visting our previous low located from 8020.00 to 8120.00.
In this case, we can open a Short Position from 8400.00 (Red Box).

I will update this chart accordingly.
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Trade active
Trade closed: target reached:
Spot on!
Comment:
The selling continues. I will update this idea soon
Comment:
Update Idea:


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