Short BTCUSDT CMP $41648. Bitcoin trading below all major moving averages. It's a clear downtrend. It appears that it has taken support at $41000 level. It's important to hold this support level otherwise it will soon see $36000 area. My short target 1 would be $36000 level area if $40500 level broken with volume. Resistance around $49000 area. Setup is invalid if ETH jumps above $49000 level or 200 SMA.
Trade active:
Target 1 achieved
Trade active:
Bounced off the support level, now waiting on support level to be broken.