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BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT

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Bitcoin (BITSTAMP:BTCUSD)  
EliteTradingSignals Actualizado   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

We are going short on the BITCOIN with the target of 42548 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Comentarios:
We are seeing a good move already so we will keep the trade running!
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