MoveFX

BTC reversal?

Short
In the above 1HR chart, we can price has gotten to a potential resistance/supply zone; sellers has always pushed price away from this price zone multiple times. I am forecasting if sellers would push price away from this zone. We also a trendline support which price has been bouncing off. This is a factor to note if you decide to take a sell position from the resistance zone. For me, I will be taking a short 📉 trade but I will you a sell-stop entry.

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