rahnoffmccoysaw

Ready to Short!

Short
rahnoffmccoysaw Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The trendline strat, with the weakening confidence in market due to aggressive interest hike, it's pretty obvious that trend line plays out to be the better strategy to gauge your order.
19600~19800 should be your entry for short, but always pay attention to RSI to prevent unnecessary losses, short only when RSI is inclined to short.
Comment:
Oh, do expect fake breakout too, kindly manage your risk. should breakout happen, one may expect BTC to hit 20200-ish, but always remember RSI could be one factor to consider your next move. If you've missed out the opportunity to short BTC, don't chase!
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.