BTC is headed right for the descending channel drawn on the chart. I believe this will offer up some great short opportunities. I will begin scaling in around 25K. Ill look to TP on the way down but ultimately I'd like to hold a portion of the short for the breakdown from 17k.
Note
Didn't get as high as I thought, missed this trade.
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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.