Bitcoin
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Sweetspot Short for BTC. Heavy resistance. Basic TA that works.

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First rule.

You don't long resistance and you don't short support.

Price at 50MA weekly - HEAVY RESISTANCE
Basic rule that support changes into resistance when it breaks. 5800 - 6000 clearly is the big resistance that held for many many months. Thus flipped into - HEAVY RESISTANCE
BTC loves the 61% and 78% fib retraces. ALL of the previous pumps above 6k were stopped at 61% fib levels. Price is currently between 61% and 78% fib levels.

Short it. SHORT IT BIG.


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Triple daily bearish divergence!
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Yes it is that simple.
BTCbullrunChart PatternsTechnical IndicatorsshortTrend Analysis

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