BTC is in a descending wedge, will likely bounce of previous supports that were important on the way up in the rally. Each bounce presents a trade opportunity. Chart is self explanatory. BITSTAMP:BTCUSD
See my related ideas below. Thank you.
Trade closed: target reached
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Bought in around 870 and then it tanked to 815, I didn't use a stoploss. Things were looking dire but I set an overnight sell order for 875, and as you can see, it got filled. Very little profit but no loss!