Bitcoin Short Term Trade

Price reached the downtrend line and 2500.00 which is a resistance level. Probably the market will reverse and drop to the uptrend line. RSI gives us a bearish signal also. It's trading opportunity and we can sell below 2435.00 level with stop above 2550.00 level. Profit target is near 2300.00 level. If price breaks the downtrend line, we'll have a new buy signal. We'll be able to open long trades with profit target at 2700.00 level and stop below the local swing low.

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