BEARISH on BTC UNTIL - 5640 for BITMEX:XBTUSD.P by dulskilla

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I WOULD NOT LONG $BTC UNTIL 5640 IS CLEARLY BROKEN THEN RE-TESTED AS SUPPORT!

- That being said risk to reward is in favor of the BEARS
- Short as close to 5640 as possible!
- Stop / Loss above 5640

- The trend is your friend...

Will be watching price movement today and tomorrow!

- If bulls push thru 5640 watch for potential resistance / support flip OR a fakeout!

Be careful & expect some volatility...

Comment:

Bulls PUSH thru 5640 was CLEARLY a FAKEOUT!

Will watch price action around the 5K AREA...

Comment:

SEEING IF 5K COULD LEAD TO BEAR TRAP

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