tradafx

BTC continues to strong down

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
H4 time frame.
Structure: Downtrend is confirmed.
The price broke strongly the support level of 43000 and created a new bottom, but consecutively long-tailed candlestick signals refused to drop.
The possibility that the current 43000 price level is already a resistance will have another retest and a sell signal to continue with BTC .
The next downside price target is the 38000 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!