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cryptotraderog
Jun 19, 2021 9:00 AM

Bitcoin Breaks Down, Potential Continuation Short @ 36.5-37K Short

Bitcoin / TetherUSBinance

Description

Bitcoin has broken down from the resistance trendline and continued to bleed upon options expiry and into the weekend. Im looking for a continuation short if price comes up to 36.5-37K to retest the 200MAs and get rejected with large volume.

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Comments
Sobhan_23
Nice job 👍🏻
TRADiNG_hub
Trend is You're Freind - Bearish Trend 🔥
cryptotraderog
@TRADiNG_hub, yes, until it ends, it is your friend. so looking for shorts until price action proves otherwise
Pearl-A
pending inverse H&S
cryptotraderog
@Pearl-A, potentially, will need to see if the right shoulder forms and then need to see the neckline broken.
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