YMI

BTC Bearish Breakdown

Short
BITMEX:XBTUSD.P   Bitcoin
This is an aggressive Short setup Im entered into. I like the bearish edge here due to the hourly double top, and as its retesting the $6400 resistance region in which we broke down from last time. Targeting a swift move into the lower range from yesterday around $6350 and from there depending on the momentum ill look for a continuation into the $6250 buy block from last week.

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.