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Pilot2022

SHORT BTC AT 7K, TARGET 5K - Bitcoin Maintain Downtrend Channel

Short
Bitcoin (COINBASE:BTCUSD)  
Pilot2022  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD
3
1
trendanalysis chartpattern btcusd
Assuming BTC keeps downtrend channel, entry is set based on channel, support (6.9k) Vvpr and bear fractals.
RSI and Volume will help confirm.
Stop loss set based on resistance (7.3k) and Vvpr.
Target based on bear fractals extensions and support 5k.
R/R : 5-1
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