Bitcoin / TetherUS

Short

$BTC Short-term bearish

By limitlessroh

Short switching
Reasons:
- C=A, possible triangle B is finished.
- Channel resist.
- 1h, 5, divergence confirmed.
- Risk/reward ratio: 23.
Risks:
- 15m oversold - possible to break 37.9k (Sub scenario) Plan:
1. Half profit at 37.3k.
2. Take a loss if it shoots up.
3. Switch 36.5k ish

More wave analysis & breakdowns on my X:
twitter.com/Hyunwoo_Roh

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