Hey, just analyzing the charts and being in a general bull market, following 2013 almost scary close, I think this is a bear trap, so those shorting work with a SL! You could still pull a decent amount on the drop with higher leverage but you’re getting into dicey territory.
The trade I’ll be taking is once I see a volume confirmed breakout at 36k, I’ll take a leveraged long to 42k, and quickly get out at $41,500. Nice little trade, ONLY if I see volume confirming the break out, if not sidelines it is!