coccookics

Bad scenario on BTC

Short
coccookics Updated   
BITSTAMP:BTCUSD   Bitcoin
From right before the big crash; don't expect that we will follow thought but I plan to keep my shorts to 42k
  • Order book not very strong
  • Big resistance on other TF/charts
  • OI Behaving slightly bearish

I don't see a quick resumption as likely there are low volume zones that can also be filled.
Comment:
Sorry, the yellow is past price history from before the big crash a couple of months or so ago.
Comment:
On the 5 minute, $BTC is forming a bottoming pattern, if it completes and generates upward momentum, I will close my shorts if it has an easy time moving through liquidity.
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