BTC/USD Trading Plan

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC/USD is moving down. Exchange rate has down trend on Daily and weekly charts.

Also, there are news that SEC will punish most of the crypto currencies. Without proper regulation institutional players will not work on crypto currencies market.

That's why I think that Down trend will continue. Near resistance (Sell level) $6600 is the bet place for short with goal $5400.

P.S. I will write when you can open proper entry with Big potential profit, If this post will get 100 like

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Comment: On the Weekly chart we see the currency rate is clamping into a triangle. Long — term buy trend can start if the price will break it up on High Volume and D1 close upper that triangle, only.
Trade active
Comment: The price is near key level $6603. We can open SHort with low risk.
S/L $6700
T/P $5550
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