awengraf

Bitfinex Bitcoin Trading Idea

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
There is strong resistance at the 2220 level and an upper channel of 2530. I expect prices to bounce between these channels until the 10th July 2017.
The 5th July will determine the direction of any potential breakout, and future trading channel.

I suspect we will see a lower high of 2400, and the price will further decrease from there into the 2200 range.

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