Shorting this corn has not been profitable so far but in last week showing some weakness and I don't see any clear bullish reversal. I think it is forming a bear pennant and will go for one more leg down. We have strong resistance around 44-45k I think it will bounce there. If it won't I will wait for 39k which is elon candle and 200 day ema placing there so 39k...
Despite the very good indicators on foundation analysis on bitcoin we dont have positive sentiment on technical. I won't trade in the middle of the range, I will wait for the resistance and support price action to get a position.
