XLNCTrader

Bitcoin Short

Short
COINBASE:BTCUSD   Bitcoin
Potential short trade shaping up for BTC after a slow grind perp driven grind up. On top of the shown analysis we also have the following that could potentially take place, or already has.

- Fallen back inside last weeks range
- RSI underside 50 retest
- Increasing selling volume (spot)
- CHoC in PA

Entry, targets and stops all shown.

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