BTC –
Technical Observation
BTC is currently bouncing from a resistance trendline. While the price is contained below this trendline, I expect a spike to the lower side.; If you’re not already in a short position, you can still look for short positions now and have your take profit at 5966.73. The idea is not to go short now, but to wait for a slight retracement upwards, then sell BTC. On you way to the lowerside, the key lines to check for include $7,243.60, and $6,343.70. If these lines are broken, then I’ll expect a spike towards $4,540.90.
Trade Signal.
Sell BTC on a slight retracement
101% Double the volume
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