BTCUSD - Short Term Rejection
We are getting the rejection now and the volume is starting to come to the bearish side. Price has already moved down around 5% from our resistance level. If you are feeling bearish here, you can speculate entering shorts as price moves back up with a stop-loss at slightly above 35K. 35K because that would invalidate the bearish scenario by creating a higher high.
NOT FININCIAL ADVICE - happy trading
NOT FININCIAL ADVICE - happy trading
Note
Moved stop-loss to break even. TP:27200
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Smart Crypto Association [ SCA ]
Related publications
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.