BTC possible targets if 1W price closes back into the cloud Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 11, 2023 7:47 AM

Bitcoin reached top of Kumo Cloud 1W. A rejection is happening and the distance of the price from Tenkan and Kijun is quite big.

I expect a retracement to at least Tenkan (green line).

Let's see... I'm short.

Support and Resistance Contains IO script