Short

BTC still in the zone, don't FOMO

Updated

Even with a strong bar breaks 2 ice lines and the trendline, we see BTC still below previous AR top.

BTW, the volume is not enough comparing to those crashes in 5/19 5/24 6/8

Watch out for the upper shadow.

Maybe a backtract ?

Note

No selling pressure?

But no buying power either, it is a tricky point here.

Stick to the point.

Stoploss: 39650 ( + 250)

Will take another chance to short if reach 40k

Note

Watch carefully for this 4h bar.

Trade closed manually

The background has changed.

Have to wait for signals.

djoffrey

Related publications

Will BTC break the ice line? If no, a short run is on the way

by djoffrey

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