Where to open short position on BTC
This technical analysis by no means, is a financial advice and this only works for me and I personally think post the best analysis I can, Please do you own research
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As you know, we have many macroeconomy and geopolitical problem which we won't have a bull run for a while, at least this is my point of view. I don't really care if it goes up or down anyway, I am trader and if there is a solid Supply or Demand zone and it works with my strategy, I trade.
Here is 4 supply positions you can open, but consider number 1 and 2 a bit risky and for scalp. Also, I expect the price reaches around 30k ( Area number 4) in next 2-3 months, and I short the hell out of it.
The red area which I pointed, already got weak as it touched couple of times so I expect it doesn't work as a strong Resistance
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As you know, we have many macroeconomy and geopolitical problem which we won't have a bull run for a while, at least this is my point of view. I don't really care if it goes up or down anyway, I am trader and if there is a solid Supply or Demand zone and it works with my strategy, I trade.
Here is 4 supply positions you can open, but consider number 1 and 2 a bit risky and for scalp. Also, I expect the price reaches around 30k ( Area number 4) in next 2-3 months, and I short the hell out of it.
The red area which I pointed, already got weak as it touched couple of times so I expect it doesn't work as a strong Resistance
