The progress on BTCUSD

BTC/USD COINBASE:BTCUSD

ForexTrendline

Yesterday, we looked for selling opportunities from the zone

Today, we can already see that rejection and price is heading towards the first target at 37 300.
The breakout will confirm a downside continuation to 30K.

Once we rejected that zone, we should not see price above 42 600 anymore, in case of a downside continuation.
That’s where you should place your stops as well.

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