cheliosTD

BTC Adding further to short position.

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
I am still holding BTC short from $52k. I've taken profits at the lows and have now added short again at $48800.

BTC has rejected from the $49k area and has low volume supporting these moves. I expect this to be a bull trap. Previous resistances are being respected. Until BTC trends sideways and breaks its downtrending resistance then BTC remains bearish. This is a good time to take some profits

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