Potential BTC Short Sell out of Channel
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BTC price has formed a slight downward channel. Look for an opportunity to short if it breaks the channel lower support. It will have a lot of resistance at the 3800 level, so put your sell below to avoid fake-outs. A more risky play would be to go long on some counter-trend trading within the channel - profits won't be large (5% range), but if that's your thing...
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!
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Broke channel.
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