Currently bearish on BTC on the 4hr chart. We can see the upper Bollinger band has broken, combined with a slightly overbought RSI. This is a strong bearish signal. However, there is a resistance zone defined, we recommend to take the short position from this resistance.
Trade setup:
entry: 43800
target 37732
Not financial advice.
Trade setup:
entry: 43800
target 37732
Not financial advice.
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