Watch the video to find out what my idea is here on BTC. I'm looking at the same sell zone that I've shown you previously and I think there will be another drop pretty soon.
I would suggest not taking any decisions before you actually see some type of confirmation from price action. There's also a possibility for a breakout of the current resistance, and in case that happens then obviously we will have to switch our bias.
If my analysis is right and we see price pushing of this sell zone once again, then I will be looking to enter short and my stops will be above the 46K level.
Leave a comment and watch out for our next analysis!
I would suggest not taking any decisions before you actually see some type of confirmation from price action. There's also a possibility for a breakout of the current resistance, and in case that happens then obviously we will have to switch our bias.
If my analysis is right and we see price pushing of this sell zone once again, then I will be looking to enter short and my stops will be above the 46K level.
Leave a comment and watch out for our next analysis!
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