altbender0x

BTC Short term long

Long
BITFINEX:BTCUSD   Bitcoin
I've been waiting for a good trade setup since the rejection at 4200, if you shorted that level or the break down, congrats that was a decent % move. BTC might be forming either a pennant or a channel, so we can put a target in place that will be realistic before re assessing where we may go. A break down of this current low would send us for a test of 3200. Theres a lot of bullish signals on lower time frames, its worth taking a punt on this with a tight stop.

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