Although we had a strong run, latest PA supported the bearish momentum. Downtrend confirmed on the ltf. maybe another run towards 42k, or just rollover from 40k, probably towards 28-30k area.
Note
BTC arrived at the 41500 area which is critical for this setup, what happens after here determines the fate of the short. either reject and fall below 40500 (short), or hold above 40k and I'll look for longs
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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.