We're back on top of the bearish trendline for BTC with a target of 1430 levels. If you didn't get in before now, the risk is tremendously high for the reward, though I do expect sideways movement before any downtrend.
Comment:
2430* levels. Looks like those were rejected ahead of schedule, as we attempt for form a neckline here. At the end of the neckline formation it could fake up first to complete to move and confirm a rejection.
Trade closed: stop reached:
Hit the stop just above the tend line. Not quite sure what to make of this, but going to step back and reevaluate later.