Bitcoin
Short

Local weakness, possible distribution.

By dlab
Updated
We can see some OBV divergence, Lower high, also highest volume is at highest price peaks. We must wait and see price go below 30k then retest back 30k, then you can consider taking a short. Wait until VSA "mushroom" is formed - the longer it would take to form - the weaker.
This scenario is only valid if it will do exactly how i described above.
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so it did go below 30k. But do not hurry - i would wait 29k - then i would consider taking a short. Because this is too fast, looking rather a wyckoff spring than a "supply" bar.
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or you could risk. The choice is upon you.
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sold more
Supply and DemandSupport and Resistance
dlab

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