Crypto Trader Daily – 26 April 2015

Price Action

Another push was made for $210 today. The price reached a low of $213 on Bitfinex before rallying back to $220. The retrace was a weak attempt at a rally. A renewed fade to $210 will begin shortly, and expect a hard fought battle. The overall downward trend remains, and the market awaits the all-important retest of $200.


Trade Idea

Sell XBUK15 above $215 with a $210 target price.


In the News

Capital Controls Arrive: Greece Begins Confiscating Deposits Of “Small Debtors” (Zerohedge)

The “War on Cash” Migrates to Switzerland (Contra Corner)