moneyminds4

possible short-term downside on BCUSD

BITSTAMP:BTCUSD   Bitcoin
While I am still bullish, this seems like the obvious next short term move. Possible target, just above lower ascending trendline. Maybe worth give a short trade a go, with a profit target around the highlighted area. Otherwise, wait for a possible drop to this level, and look for a long on a bounce of the lower ascending trendline.

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