flockoo

btc update 7/15

Short
BITFINEX:BTCUSD   Bitcoin
currently short from 6.5 (averaged down with additional asks in the 6350 and 6280 range earlier), quick target updates for both sides. volume declining, if we were to slowly grind up to 6.4/6.450 without much rejection i'd turn bullish very quick as the liquidity pools above could run. However, for now 6.4-6450 needs to have a candle close abv it for me to be ST bullish, and then 6.7-6.8 would need the same. If that were to happen I wouldnt take 8-9k off the table. For shorts, 6.1 is obvious take profit hedge zone, after that 5990 will prove to be a huge decision point on how far down we go. BOL
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