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CryptoEstratega

BITCOIN: Shorting before a possible breakdown

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
CryptoEstratega Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice bitcoinusd bitcointrading bitcoindollar bitcoinanalysis bitcoinshort
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trendanalysis chartpattern indicator bitcoin bitcoinforecast bitcoinprice bitcoinusd bitcointrading bitcoindollar bitcoinanalysis bitcoinshort
BTCUSDT in the 1HR has pierced above the 180 EMA, I believe a rejection will be coming soon pushing us back below it.
Price will probably go back into the area of 33K to 32K, as we continue the build-up against support, before a possible breakdown.

Based on my analysis on previous ideas (Linked below).

I'm opening a short at 35.174 with a STOP LOSS at 35350.

Let's see how this plays out.

ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS VITAL TO TRADING.
Comment:
We are at support and forming a build-up.
BTCUSDT can still attempt a PUMP from here so be careful while shorting.

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