3 Reasons why I am short on BTC right now are :
1- we never got higher high since we went up to around 20K , and until I see higher high I will still be bearish .
2- Last 2 times we touch support in BTCUSDTSHORTS we got selloffs .
3- Almost every time we got cross on Stoch RSI we followed buy selloff .
At the end no mater how I flip chart and try as much as I can to be bullish right now I don't see any signs , So I am going to be bearish in longterm until I see good signs , Properly a higher high.
Please have a look at what I have mentioned above and let me know your thoughts.
Thanks.
1- we never got higher high since we went up to around 20K , and until I see higher high I will still be bearish .
2- Last 2 times we touch support in BTCUSDTSHORTS we got selloffs .
3- Almost every time we got cross on Stoch RSI we followed buy selloff .
At the end no mater how I flip chart and try as much as I can to be bullish right now I don't see any signs , So I am going to be bearish in longterm until I see good signs , Properly a higher high.
Please have a look at what I have mentioned above and let me know your thoughts.
Thanks.