7/6/2018 market update:
The market pushed upward as expected at the New York open offering an opportunity for shorts in the 6600s. I believe a bullish retest of the lower 6000s is necessary to help propel bitcoin to that 8400 target mentioned previously. The chart shares my thoughts for a flip, scalp short. Optimal long entries will be presented in that lower 6000s depending on the price action.
The market pushed upward as expected at the New York open offering an opportunity for shorts in the 6600s. I believe a bullish retest of the lower 6000s is necessary to help propel bitcoin to that 8400 target mentioned previously. The chart shares my thoughts for a flip, scalp short. Optimal long entries will be presented in that lower 6000s depending on the price action.
Comment:
Possible we test higher. The price closed bullishly above support so I’m placing shorts higher up and hoping to catch a nice entry for this trade
Trade active:
6030 bounce zone