BTCUSD: Potential Trade Position

٢٤ ديسمبر ٢٠١٧

After shorting bitcoin, I see a potential long trade. Seems bitcoin may retest the 10k level again and bounce back strong this time. If the 10k level is broken the trade is invalid and will continue down to 8k or less.

Place orders to buy around 10,200 with profits at 16,000. Place your stop loss orders at 9,000 to minimize losses.