Bitcoin is about to test the the trendline at 29 800 region.
Should the resistance hold, short positions to 28200 as it will still be trading within the channel where it will meet the longer term support at that region for a lasting long-term trend.
Should the resistance hold, short positions to 28200 as it will still be trading within the channel where it will meet the longer term support at that region for a lasting long-term trend.
Trade active:
Trendline touched, short position open for 28 200.