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BTCUSD-SELL ST

BTCUSD-SELL ST

BTCUSD-SELL ST

BTCUSD-SELL ST

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
peterbokma


BTCUSD-SELL ST

4-hourly chart has a continuation pattern, and is a bearish continuation channel.

The stoch RSI is negative and we have cloud resistance @ 31,000 (rounded).

Strategy is sell current $ 29,800-30,250 and place stop-loss $ 31,200. for now.
Profit objective $ 25,750 for now.

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