I feel like we really need to close above the Daily 21 EMA ($8200) to stay bullish
if not we could be a head and shoulders formation.
I'm currently biased to short and will be opening up a short position on BitMex
Buy @ $8175 - 8250
Stop @ $8270 - 8350
Target @ $7470 Target 2 - 6800
5x Leverage
at $8050 move stop top $8100 for a risk-free trade
if we fall thru with a closed candle on the Daily see a below $7470, I then will be looking to $6800 mark.
if not we could be a head and shoulders formation.
I'm currently biased to short and will be opening up a short position on BitMex
Buy @ $8175 - 8250
Stop @ $8270 - 8350
Target @ $7470 Target 2 - 6800
5x Leverage
at $8050 move stop top $8100 for a risk-free trade
if we fall thru with a closed candle on the Daily see a below $7470, I then will be looking to $6800 mark.
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