KobraTrading

Bitcoin Pushes Lower

Short
KobraTrading Updated   
BITMEX:XBT   Bitcoin
- Looks like if this area here doesn't hold my next target zone will be between 9.6-10.5. (Major 1D/ 1W Support)
- A close at the current level will be the first time in 2 weeks/
- Not bearish by nature, but this isn't looking good
- Looks like a liquidity hunt for over-leveraged longs
Comment:
Targets reached for the short side.
Longs entered @ 9970 - 10,150
Looking for a re-test of 11K

After that we either see bullish consolidation OR another leg down into the 8K's.

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