Short BTC to 40000-41500
Updated
Condition:
BTC broke below neckline, retested and rejected. (Also to mention, the resistance block in white is confluent with the 200 EMA on the daily .
Short the retest.
Target 41-42000 where the demand zone is
BTC broke below neckline, retested and rejected. (Also to mention, the resistance block in white is confluent with the 200 EMA on the daily .
Short the retest.
Target 41-42000 where the demand zone is
Trade closed: stop reached
Note
On review, the entry was subpar, should have been placed at the top of the resistance, trading range instead (52000)
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