DLavrov

Bitcoin Short Opportunity

Short
BITSTAMP:BTCUSD   Bitcoin
Price reached 2900.00 level and we have good short opportunity. There are such reversal signals like a bearish divergence and a double top chart pattern. Entry level for short trades should be below the local swing low - it's 2600.00 level. Stop orders must be placed above 2900.00 level. Profit target is 2300.00 level and if price drops below, we'll have good an exit level at 2000.00 level.

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