The chart is showing up 200EMA indicator.
This idea displays an unavoidable scenario which bulls are doing their best to stop it. BTC will drop to $5000 in the following weeks (2).
On the other hand the volume is decreasing, which supports the idea about sideway trading = further price crash.
Open shorts whenever you got a profit (even if that's less than 1%) while you can do it. Stop losses = 1%.
This idea displays an unavoidable scenario which bulls are doing their best to stop it. BTC will drop to $5000 in the following weeks (2).
On the other hand the volume is decreasing, which supports the idea about sideway trading = further price crash.
Open shorts whenever you got a profit (even if that's less than 1%) while you can do it. Stop losses = 1%.