Toru

Bitcoin Time to Short!

Short
BITSTAMP:BTCUSD   Bitcoin
As described previously, BTCUSD hit bottom with 1.272 pattern completion and came back to retest 400 level which is already broken downward. Considering roll reversal of this SR level, another small Bat Pattern completed as depicted in a chart, this is a reasonable time to enter Shorting. This pair may go further down below 300 however, from a trading perspective, taking profit just shy above 300 may be a fair idea.

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