Krystiannwk

Would you dare to short sell BTC ?

Short
POLONIEX:BTCUSDT   Bitcoin / Tether USD
...if yes this is very nice sell set up

BTC have very bad time going above the upper the upper support of the channel.
Daily is below the 200 Ema and so does the 4H.
40K is defended very nicely

I market prices on the chart of the first wave the second one seems to be a channel

I would aim for 20k 16k the demand zone.

it is probable but there is a still chance that BTC will hit that Ema on Daily before going further down
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.