BTC short trade; waiting for an entry at 12.000 Short

Bitcoin / US Dollar IndexBitMEX

Description

⋅ Jul 11, 2019 3:36 PM

So, previous trade I got stopped out too early. But we still see that the trendline is now flipped for resistance. I guess it might meet the horizontal resistance at around 12.000. Waiting for it to hit first on the 4h timeframe.

Looks decent to short it to 10k if not 8.5k.