eddyfursy

BTCUSD Short

Short
eddyfursy Updated   
COINBASE:BTCUSD   Bitcoin
In an overall downtrending market, intraday charts are showing a developing distribution zone. The sellers probably have enough buyers to sell to. I don't expect the 40k prices to be revisited. That's why a stop loss is set right there.
Comment:
Distribution unfolded by sellers footprint aiming for a lower low

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