ChainLink / Bitcoin
Updated

LINKBTC - Critical Zone

203
Now..
We came very close to the resistance line of descending channel.
Until a few hours ago, the uptrend scenario was more likely to happen. But now the situation is different
We are waiting to see what happens to react appropriately.
Note
There isn't any upward momentum till now..
Volume is low
BTC has broken down its uptrend on 15min chart. Currently the downtrend is more likely.
Note
Looking for short entry...
Trade active
I opened a short position cuz of shooting star.
snapshot
Note
Short position entry price 0.00083
Set SL on at the high of shooting star candle 0.00084.
Good Risk/Reward
Trade closed: stop reached
1% loss
Looking for another short entry.

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