BTCUSD Perpetual Contract
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April 29th Bearish Scenario

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This position is contingent on the idea that we may have reached some sort of top. If price retraces I would expect it to at least come down to the green box along with the potential outlined targets. As mentioned in my bullish scenario this could be a bull trap so if the momentum is there this might be the beginning of a bigger correction, will be leaning more bearish if the purple rising support trendline is broken and candles close below it (hourly, and a 4hrly).
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Never entered the sell zone - pump has made targets obsolete. Took profit from bullish scenario. Waiting for market to calm itself.

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