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Short trade
BTCUSD
, 60
Short
BTCUSD: Short trade
Updated 

Entry: 8100 Stop: 8232 T1: 7800

BTCUSD 1D
BTCUSD
, 1D
Short
BTCUSD: BTCUSD 1D

It doesn't take a genius to see the market is incredibly bearish right now and a new low is likely on the horizon. Price has made consistent lower highs on both the intraday timescales and daily. I would expect a small squeeze up to 8,400 before the major sell off occurs, breaking 7,800 support. Might be an opening for a long trade once we reach consolidation, but...

Short trade
BTCUSD
, 60
Short
BTCUSD: Short trade
Updated 

Entry: 8399 Stop: 8490 T1: 8150 T2: 8000

Targeting 8,300
BTCUSD
, 60
Short
BTCUSD: Targeting 8,300

Not financial advice

Likely moving back to 8,000
BTCUSD
, 1D
Short
BTCUSD: Likely moving back to 8,000

The last breakout could not be sustained and the crucial 9,400 level was not held so now BTC will probably head back to its previous 7,800 support level. MACD cross Death cross with price trading below MA200 Rejection off 9,400 Lower high from the push to 9,000 2 days ago

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