BitcoinShort
BTCUSD SELL
Placing a sell just below the $19,000 level I have seen a nice head and shoulders form which the right shoulder closing just above the left shoulder which means the likely hood of downside is definitely possible. Only once the 19k level has been hit before until these recent few days that have passed so expect to see some major moves too. the HVF I have drawn has broken to the downside with a classic retest and bounce back off the recent low which is another good confirmation, also a Doji candle makes me more confident in the retest of the HVF. I have a few levels which I till take a certain % of profit but the final target is around 15-16k. The risk to Reward ratio is rather good with it being 1:3 R:R. this does not me I am a long term bear I really think BTC has certain places to go even up to 26k within 2021.
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