Shorting BTC
A hard rejection at the previous all-time highs zone with a slightly higher high with the new all-time high at $69,218. For now, this is not a great looking candle on the daily chart. A pullback to test the confluence area of the S/R flip zone ranging from $60,050 to $60,850 as well as the February 26th breakout VWAP currently at $60,776 is looking like higher probability here until there is a close above the new all-time high.
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.