Potential Bearish entry BTC

Based on the current market view, we have been in a sidemarket channel for the last week.
We can see that the channel was made from 41.000 as a top and 39000 as a bottom.

By using these values and taking a look at the same time on the ATR and implied volatility, we can with certain degree estimate the next movement of this asset.

This is a 1:2 Risk/reward ratio short entry

Key points :

Stop loss : 41500
Take profit : 39200