I WOULD NOT LONG $BTC UNTIL 5640 IS CLEARLY BROKEN THEN RE-TESTED AS SUPPORT!
- That being said risk to reward is in favor of the BEARS
- Short as close to 5640 as possible!
- Stop / Loss above 5640
- The trend is your friend...
Will be watching price movement today and tomorrow!
- If bulls push thru 5640 watch for potential resistance / support flip OR a fakeout!
Be careful & expect some volatility...
- That being said risk to reward is in favor of the BEARS
- Short as close to 5640 as possible!
- Stop / Loss above 5640
- The trend is your friend...
Will be watching price movement today and tomorrow!
- If bulls push thru 5640 watch for potential resistance / support flip OR a fakeout!
Be careful & expect some volatility...
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SEEING IF 5K COULD LEAD TO BEAR TRAP
Will watch price action around the 5K AREA...