Short Term Bitcoin Short
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I expect the upper trendline to act as resistance.
Bitcoin is oversold on 4H timeframe.
IMO, we will see a retrace to the lower support trendline and push up from there.
If this trade is successful, I will leave some on the table, just in case my doomsday scenario will materialize.
Bitcoin is oversold on 4H timeframe.
IMO, we will see a retrace to the lower support trendline and push up from there.
If this trade is successful, I will leave some on the table, just in case my doomsday scenario will materialize.
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Happy to be wrong on this one. First because my major position was a long. Second, because the trade in and of itself was justified. Best wishes
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