BitcoinShort
BTC to retest 11000 area?
Currently a nice Bearish Div has formed on H4 and price has been rejecting the 14000 area for the past couple of days.
If price were to push further up, there is a strong TL that price has been respecting for quite a long time which might act as a strong resistance to push price further down.
My bias would be a medium-term short position for now with a R:R of about 1:2.5
If price were to push further up, there is a strong TL that price has been respecting for quite a long time which might act as a strong resistance to push price further down.
My bias would be a medium-term short position for now with a R:R of about 1:2.5
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