HRoark64

BTCUSD A Little More Downside

Short
HRoark64 Updated   
KRAKEN:BTCUSD   Bitcoin
Morning everyone. I decided to go short for what looks to be the last bit of downside before some more ranging or maybe a reversal going into the end of the year. I got in at $8140 with a downward cross on the 5RSI after the market bounced off the 50 SMA on the hourly chart. Initial stop was $8350, moved to $8250 last night. No target in mind; will trail with a 1x ATR stop until the market says the party is over.
Trade active:
Stop moved to $8020

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