Bad scenario on BTC
Updated
From right before the big crash; don't expect that we will follow thought but I plan to keep my shorts to 42k
I don't see a quick resumption as likely there are low volume zones that can also be filled.
- Order book not very strong
- Big resistance on other TF/charts
- OI Behaving slightly bearish
I don't see a quick resumption as likely there are low volume zones that can also be filled.
Comment
Sorry, the yellow is past price history from before the big crash a couple of months or so ago.Comment
On the 5 minute, 
BTC is forming a bottoming pattern, if it completes and generates upward momentum, I will close my shorts if it has an easy time moving through liquidity.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.