PERLBTC short term senario.
Updated
What I am seeing here is PERL is gonna test the previous support zone now turned to resistance at 880-900sts, before making further down moves. I placed a buy-limit order at short term 61.8 retracement (820sts) and will be looking to sell when it faces the resistance. Stop loss below the previous low.
Trade closed: stop reached
Stop loss hit nicely. Good job BTCTrade closed manually
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