One of the simplest rule to be a successful trader is “NEVER SELL SUPPORT”
This particular setup is quite bearish on the higher timeframes. However, as a day-trader, shorting this zone is basically dashing out money to your fellow traders. I would rather long this set up for a 3-5% upside move in BITCOIN.
This particular setup is quite bearish on the higher timeframes. However, as a day-trader, shorting this zone is basically dashing out money to your fellow traders. I would rather long this set up for a 3-5% upside move in BITCOIN.