BTC Short Term
Retrace down before pop up to next level seems probable. Nice little scalp or entry. 6400 will be a big point. Could see rejection to a continuation of downtrend. Or could gain it and stay on course with the 6900-7100 target.
Note
this is smaller scale trade idea of my larger idea: 
Trade closed: target reached
Well I guess BTC is just so dead that I mistake nobody trading it for failing momentum. Retrace down wasnt needed to get enough buying pressure. This still keeps the 6165 trend start in play. Looking good for 6900+.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.