ForexTrendline

New sell zone before the next drop on BTCUSD

Short
COINBASE:BTCUSD   Bitcoin
This was our most recent zone that we looked at just a couple of days ago.

Now we can already see price rejecting it and heading down again. There is also another sell zone inside of this move.

It's quite small and not that significant but it gives us additional entry opportunities in case of a breakout of 37 300.

The best entry would be to wait for a pullback to 40K with reversal candles inside of our zone.

We will follow the situation on BTC here in our daily analysis.

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