P_S_trade

Dangerously! Bear's Formation part 3

Short
BITFINEX:BTCUSD   Bitcoin
The third part of the idea from June 30th. Many forces put buyers to break through 6800, however, the price has not fixed above this zone. Price rises considerably reduce the angle. Consolidation in the blue channel ended with its breakdown down. then I see 2 scenarios:
1) consolidation in the zone 6300-6400 and the continuation of the fall
2) rebound to 6500 and thence the continuation of the fall.
Targets - 6100; 5800-5900.
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