The resistance levels which is marked on the 4H chart can be a good entry for a short trade. We have bearish divergence formed by MACD and RSI . Place a pending order below 16770 and stop above 16950. Profit target is Moving Average 100. On the daily chart price is near up Bollinger Band and it can be an additional confirmation for possible down movement.
Trade closed: target reached
From 5000$ to 15000$ in 65 days of BTCUSD trading. An interview with my collaborator Oleg at Tradunity! Read it here: https://goo.gl/5FQU3X