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GarrettM25
Jan 29, 2020 3:02 PM

Short BTC LTF Short

Bitcoin / TetherUSBinance

Description

Alright I was wrong the other day on my short at 9100. Cant update the page but I closed out at entry and broke even.

We are now sitting on a huuge resistance at 9400. Some signs of bearish reversal. Bear-Div on RSI and MACD. Bearish engulfing with loss of support and current test to reclaim.

Lucrative S/R. I have .5 retracement as TP at the moment based on our .236 retrace yesterday being so bullish. Be sure to watch price reaction at each of these levels, though. I think we see some heavy profit taking but continue a bullish trend on a macro scale.
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