BTC/USD Breaker H4

BTC/USD COINBASE:BTCUSD

Anele_Fx

After a failed attempt to trade higher into the $42377.50 we are still bearish on BTC . The strong resistance at $41071.41 is being maintained and we wouldn’t want to see price break above that area. We have a break of structure and bearish breaker on H4 at $40851.01 and we saw a return to that area and now we are short. 50 & 8 MA are bearish and daily bias is bearish .

Our target is coming in at $38436.00 which is a weekly Order Block as well.

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