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atr averagetruerange bands bandsandchannels breakout centeredoscillator ema macd mean-reversion movingaverage oscillator parabolicsar pivotpoints range relativestrengthindex sar supportandresistance trendanalysis volatility volatilty wicks zigzag zigzagindicator Less Tags Show All Tags
Bitcoin short time for a 3-4% move down
BTCUSDT
, 60
Short
BTCUSDT: Bitcoin short time for a 3-4% move down

Bitcoin is in a downtrend for a while now, daily and weekly timeframe. We are now at previous support, it's worth taking a short based on the idea that it will turn into resistance. Also, because it's weekend, not many traders are in to provide the strength for breakout of the previous highs.

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