BTCUSD short-term short idea
BTCUSD has formed a downtrend channel after making new highs and bouncing off the daily up-trend line. Currently it is sitting near the top of its trend channel after bouncing off the daily trend line. Short at the rejection of the top of the channel to the daily trendline with a stop at the break upwards of the trend channel. I believe for the next week or so, BTC will bounce around $4000 until the daily trend line breaks or the trend channel is broken.
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