meszaros

BTCUSD short entry from 6700...

Short
meszaros Updated   
BITSTAMP:BTCUSD   Bitcoin
The exchange rate corrects a larger fall. The degree of correction is estimated to be 50% of the decreasing candle. We would start a short position from this level. We expect the exchange rate to fall on a decreasing dual wave structure. The target price for the second wave structure is 5859 usd level.
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