BTCNN

BTCUSD Bearish below 8830

BTCNN Updated   
BITSTAMP:BTCUSD   Bitcoin
If BTCUSD can't hold this support and accumulate enough momentum to finish retracing the leg, then it should see a sharp drop.
Pay attention though, as that sharp drop may be part of the bigger move to send the price higher.

Trade closed: target reached:
It hit the target, waiting for long setups now or another setup to short on the daily

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.