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SHORT Btc today - TA multi frames

SHORT Btc today - TA multi frames

SHORT Btc today - TA multi frames

 

During today's session we reached the multi-year resistance line where, as expected in yesterday's analysis, we recorded strong sales, causing the price to drop by 10%

 

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A bearish head and shoulders has formed on the TF 1H, in the event of a neckline break the target will be at 8,000, the same level as the EMA200. In the event of high volumes, the price could drop to 7500.
On TF 1D we have a shooting star in formation with death confirmation of slow Stoch.

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Short entry possible just below the neckline with SL a few pips above the turning point.
For a less aggressive and safe trading, wait for confirmation on the TF 1D.

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