Crypto Trader Daily - 29 March 2015

Price Action

All was quiet until the price took a dive below $240. A quick retrace was formed, but the price slide continues. Expect another possible selloff during the early morning Chinese trading session.

Trade Ideas

Use XBU24H to establish short positions above $245. Look for a retest of $235 overnight.

In the News

Sheep marketplace arrest ( Qntra) Australian government hints at possible tax on bank deposits ( ABC)