Wait for the price to retest and appear a sell signal with BTC
Timeframe: H1
Downtrend was confirmed in H1
After price had broke key level in H1, retraced to Fib 61.8 at 49400.
At the same time, price broke above a down trendline and continued a strong move following downtrend.
In here, you can wait for a consolidation pattern after retest to short BTC.
Target at 44000 - old support.
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Wish you all have a good trading day!
Downtrend was confirmed in H1
After price had broke key level in H1, retraced to Fib 61.8 at 49400.
At the same time, price broke above a down trendline and continued a strong move following downtrend.
In here, you can wait for a consolidation pattern after retest to short BTC.
Target at 44000 - old support.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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