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JayJJ

XBTUSD; Distribution On-going

Short
Bitcoin (BITMEX:XBTUSD.P)  
JayJJ  
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
- Wide spread Bear candles with high volume
- Break of trend-line and unable to break the short-term high of 8800 USD
- Demand dries up and we are testing the support of 6800 - 7000

EP: 8000 - 7800
TP1: 6900 - 7000
SL: 8300

*This is a short to mid-term trade. On a longer term, market is still bull for now.
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