ellewell

BTC Short Term Tade

Short
ellewell Updated   
BITMEX:XBTUSD.P   Bitcoin
BTC Likely to drop a level. Could bring us to a local downtrend. If it rallies, will retest 6400. Need to gain 6400 here pretty badly.
Trade active:
Retrace target hit below and rose to the area of question, need to push higher here or a trip to mid 6200s is due
Trade closed: target reached:
Entry targets reached, target hit above instead of failing. Looks like 6400 is gained. Consult other charts for expectations going further.
Comment:
new chart:
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