Short

BTCUSD

Updated

BTCUSD is at a critical area in which I see lower pricing being the outcome. The $44090.00 should be the first target if we see lower pricing, and $28700.00 being the second target. $64900 is the area that will neutralize this idea.

Note

First target ($44090) hit, scaled out 60% of my positions. I see more selling pressure coming in to get down into $40290.00

Note

Took 30% profit off the table, will slowly scale out the 10% I have on this trade. Target 2 is been hit.
Bitcoin has lost half its value now, from to 32k.
Selling pressure may continue to otherwise I am neutral on it, will manage my last 10%

Anele_888

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