I WOULD NOT LONG 
BTC UNTIL 5640 IS CLEARLY BROKEN THEN RE-TESTED AS SUPPORT!
- That being said risk to reward is in favor of the BEARS
- Short as close to 5640 as possible!
- Stop / Loss above 5640
- The trend is your friend...
Will be watching price movement today and tomorrow!
- If bulls push thru 5640 watch for potential resistance / support flip OR a fakeout!
Be careful & expect some volatility...
BTC UNTIL 5640 IS CLEARLY BROKEN THEN RE-TESTED AS SUPPORT!- That being said risk to reward is in favor of the BEARS
- Short as close to 5640 as possible!
- Stop / Loss above 5640
- The trend is your friend...
Will be watching price movement today and tomorrow!
- If bulls push thru 5640 watch for potential resistance / support flip OR a fakeout!
Be careful & expect some volatility...
Note
Bulls PUSH thru 5640 was CLEARLY a FAKEOUT!Will watch price action around the 5K AREA...
Note
SEEING IF 5K COULD LEAD TO BEAR TRAP
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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.
Disclaimer
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.