CRInvestor

BTC - 4hr Stamp has broken down

BITSTAMP:BTCUSD   Bitcoin
Just a quick update. BTC - Stamp has resolved the recent consolidation bearishly. I have been talking about the consolidation for a few days now in my videos and we have broken through support. While current prices don't seem to make sense for new trades, it is in my opinion one can realistically play short setups (day trade basis) as we work our way down to highlighted levels or just wait for a consolidation at/near those levels for new long purchase considerations.

Cheers all and hope it helps

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