supply and demand setup.
things against:
the horizontal ray stands as support.
things for:
Trading with the recent trend,
bulls tried to go higher but faild(so far)
Supply and demand zone entry.
Things against the position: A double bottom might have been developed, and could set the direction for the rest of the week.
Things for the position:
Following the most recent trend.
Level is a Liquidity zone with SLs assumed to be on that level. A double top could form on that level.
Backtested entry times.
Zones to look out for within the next bearish moves down. I am not saying bitcoin will go to 3k, i am just highlighting all the potential zones for a reversal(or as the crypto peeps say, the next bull cycle)
