MrClock

Bitcoin has break the 6800 strong support

Short
MrClock Updated   
BITFINEX:BTCUSD   Bitcoin
BITCOIN MONITOR: The bitcoin has break the 6800 strong support. Take careful, the fall still with strength.
The price is more likely to go below 5500 in the coming days or weeks.
Search for short (sell) positions.
If you dont know how trading with short sell position in margin trading, take a vacation and back later, lol.
Comment:
6k support region confirmed, use it in your advantage.
Comment:
Buy zone for scalping operation suggestion, 6000~6150. Target 6300. Stop 5940.
Comment:
I believe in this movement in the next few hours.
Comment:
I see that the fall of bitcoin is already getting exhausted. We should have a pullback in the next few hours for the fall to get stronger.
Comment:
If you have buyed bitcoin where we suggested before, I hope you have already made your profit.
Now, lets go to today TA: Analising de market on dailychart and the 1H chart, I think the bears need more streng to break the 6k region. In daily chart the candles and RSI show us the fall is losing strength.
So, I continues to suggest to you re-buy bitcoin to scalping operation (short target) in 6k region.
Good trading!
Comment:
New chart idea;

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