bourda

Strong resistance ahead on BTC

BITMEX:XBTUSD.P   Bitcoin
I don't thing it's going to go any higher than this it has been a while since we touched this resistance and last time it did it fell hard before going up again .

Resistance hasn't been tested enough shorting might be a good idea at least below the current support if you want to play it safe wait for it to break then wait for confirmation on S/R flip and short at the current support flipped resistance later. IF you do short make sure monitor closely as there is likely to be a wick/s hunting stop losses before dropping.

Your opinions are highly welcome tell me if you agree .

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