I see some nice entry points coming up and will be on the short side until $5.00, i think we still have room to move downwards and will be holding strong with short positions unless a confirmed up move appears.
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Scalping BUY opportunities may exist from within the $7.3 - $8.1 range also, ill be looking at LONG market action between $7.9, $ 7.5 & $7.3 ...
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Have been making some nice scalps in between 7.1 - 8.3 but will now hold any new positions whilst btc decides what its doing, positive signs with it poking its head above above downtrend channel but I'm not convinced yet. still could be a great short opportunity coming up with a target of $5.... will see how things unfold.
- Buying from $5.50 - $4.50
Still some nice ranges to scalp but i feel we are nearing a final leg down and trend looks like a continuation of the down channel.
Still we may see sideways whilst whales scalp but i do feel we could be in for a short sharp leg to the bottom of the channel sooner rather then later.
good luck !!