Price has consolidated in a pattern since hitting all time highs in the beginning of December.
This pattern should have broken out in the direction of the trend, up.
But when a breaks down, then that is extremely , because not even a was able to hold up the price.
Now we are consolidating under the that was the bottom support of the consolidation triangle.
We see a trying to hold on to that 200 moving average.
If we break below that moving average and the , and also crash below that psychological level of 200, then we should see much lower prices down to the next of 150
Short under 205
Price target around 150
Take profits along the way.
If you want to short coins, then you need to find an exchange with margin capabilities.
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