PavelBodo

Bitcoin - what to expect - when to start selling?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
hi friends

I want to paint my thoughts

Price remains in a large upward channel.

We went up - and stand above the mirror level 7025-6980

The upper boundary of the channel as well as resistance is 7340-7460

Based on this, a good point for the short will be the upper border and the resistance zone , where the stop can be placed 7550

The second option if the price goes below the mirror level, bargains there for several hours and cannot return, then you can sell for the purpose of 6400-6200

I also drew 2 trend lines , and we are still higher. if the price starts to go lower and break through them - this will be an additional sign about the sale, or short position.

This is just my opinion, and is not a call to action)
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Comment: come to resistance zone 7340-7460

Comment: we have locally something like 2 peaks.
and a small short squeeze.
if the price comes out in the near future above 7400 we will continue to fall 7200-7060
Comment: possible a rising vedge
Comment:
Comment:
Comment: i wait this zone / 7180-7070
and my scalp targets done

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good work
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PavelBodo CryptoCheck-
@CryptoCheck-, thank friend)
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my free telegram https://t.me/bodotrade
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Nice call!
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bitcoin about to breakout.
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XTZ about to EXPLODE HIGHER
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