bitoco

Possible bounce to EMA 55 1H

Short
bitoco Updated   
BITMEX:XBTUSD.P   Bitcoin
TF 1H, SQZ divergence in previous resistance zone.
Comment:
stop losses above the wick 29500
Comment:
the previous resistance zone is the poc (blue line) from the first 30k break attempt
Comment:
if it goes above 30800 and then back to 29800 I would be reopening the short if the stop was executed (but only if that happens, don't remove your stop! :D )
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