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TradingAlchemist

BTCUSD made a false break

Short
Bitcoin (BITSTAMP:BTCUSD)  
TradingAlchemist  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis BTCUSD BTC Bitcoin (Cryptocurrency)
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trendanalysis chartpattern beyondta btcusd btc bitcoin
Great opportunity to sell BTCUSD.
Price made a false breakdown of two resistance lines.
Now BTC is below these lines and the resistance level of 7450 + the trend is falling.
Sell!
Target 1 - Level 6800
Target 2 - Level 6200

Don't rush to buy Bitcoin

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