J_R
Short

Another BTC short to fully retrace to trend

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC has still not fully retraced to its long-term trend line , leading me to believe it's still got a little room to drop before we break upward out of its descent. I don't expect to see a breakout this run as it's failed a few times now and the volume just isn't there. Expecting a short term drop to $6,100 before it retests the upper edge of the descending line once more.

Not trade advice, just estimations.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out