Bitcoin
Short

BTC short position setup

Updated
Currently, BTCUSD is setting up a continuation of a short trend. Currently is following the index futures with low momentum. Once the momentum shifts and the risk to reward is more suitable a short position would make a good probability play
Trade active
Trade got activated after a spike while the other risk assets went down with lowering the volume on BTC. High probability trade with OK risk to reward
Note
closed trade with loss, possible re-entry at a later date once momentum shifts
Technical IndicatorsTrend Analysis

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