An uptrend is being observed for the pair. The motion is decelerating and the intention of bullish continuation is diminishing therefore implying a sell to overall support zone.
A retest of the 40000 zone will occur and if you are looking forward to short the pair, that price zone is a good entry point for a sell.
PLEASE NOTE: BTCUSD has been bullish for a long time and it is being predicted to keep on rising as of the fundamental side. Therefore there is need to exercise great caution and precision if one decides to short the pair. I recommend waiting for pull backs before an entry.
This is my view.
(EASY SCALPING METHODS) by K.Magezi
Goodluck!!!
A retest of the 40000 zone will occur and if you are looking forward to short the pair, that price zone is a good entry point for a sell.
PLEASE NOTE: BTCUSD has been bullish for a long time and it is being predicted to keep on rising as of the fundamental side. Therefore there is need to exercise great caution and precision if one decides to short the pair. I recommend waiting for pull backs before an entry.
This is my view.
(EASY SCALPING METHODS) by K.Magezi
Goodluck!!!