Zanalysis

BTCUSD Short

BYBIT:BTCUSD   None
Price brokedown of rising wedge and is currently forming a head and shoulders pattern, if it breaksdown the neckline I expect the price to fill CME gap at 3.3k but will personally short this until 5.1k~. Conservative traders might look to TP @6.1-6.5k.
Also death cross is still in effect with both moving averages pointing down.

Good luck.
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.