BTCUSD sell @4032 - time for retrace
This resistance zone holds since good few weeks now. To find out where are we going next we just need time. My stop loss is tight in this area - as we can see, we were rejected here number of times. If yellow support line won't hold we're going down at least to .618 Fibonacci for this period of time. we will know definitely what is the course of this cruise within 17 days - mos likely traders will make up their mind within 5d21h. We shall see... be careful here - we might see few fake breakouts - watch the red zone, remember of possible bearish divergence. Once confirmed above the red zone on the daily - we're in the green. Good luck with your trading!
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