Short

BTC short possible entries

Updated

just some entries if you wish to give it a shot. Set good SLs and don't get too greedy with the TPs, BTC *may* recover possibly around the mid 38k area for a second attempt to break, so keep an eye on it.

Note

for further elucidation, which belays the premise of my reasoning- aside from the technical analysis, BTC pumping was expected, but the volume has been underwhelming. I plotted the chart against these levels of resistance because I feel they very well may be the catalyzing agents to turn the sentiment bearish until the previous major level of support, or even 2 or 3 previous levels of support below, it really depends on the whales.

Note

Update: It's a super choppy zone right now, I'm personally not entered into a trade yet (in the red a little bit from this morning from an alt-coin long, rather not make it worse) but my plan going forward is going to be the safest: I'll be catching the entry @ 42300-42600 depending on the momentum and a Stop Loss @ 42850 (or around there) in case of a shooting star. I'm looking forward to seeing how this swings. Good luck trading! and go make gains ;)

scindo

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