Short BTC
Updated
OPen Short 7400-7600
Take Profit: 1- 7000
2- 6700
3- 6400
Stop - 8050
Take Profit: 1- 7000
2- 6700
3- 6400
Stop - 8050
Note
We observe a slight rebound from the level of 6.400, but at the end of the correction this hardly seems like. level 6400, is not a powerful support level but rather an "intermediate" level. According to our analysis, we have much to go down and zones 5900-6300 are more logical for the completion of the corrective movement, since there are support zones there.actions - We follow how the price will behave at the mark of 7300, if we punched with an impulse, it makes sense to take the long to the mark of 7800-8000
If the breakthrough sure does not happen, we get into shorts to 6500-6300.
Note
we see not sure testing of the zone 7300, from which we can expect a drop to the previous level. We will be getting closer to lunch shortly after the start of the trading session in the US.
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