Yuriy_Kuznetsov

BTC/USD sale from 29650

Short
Yuriy_Kuznetsov Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi everyone! According to my last idea I came to a conclusion that growth will end at the level of about 30000. All technical indicators are ready to a turn. Amounts decrease saying that growth fades. Therefore sale from 29650 with the first purpose at the level of 0.382 according to Fibonacci that corresponds to the previous high. After achievement of this purpose it will be possible to speak about the further movement.

So,

Sale on = 29650
TP1 = 19950
SL = 30800


Information provided is only educational and should not be used to take action in the market.
Comment:
I wait for the last movement up. Decrease is farther.
Comment:
Continuation in the new idea
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