BTC 1 Day chart not looking too good.

27 May 2018

BTC daily not looking very good. I've mentioned before how nothing sub 7k has any well defined support. I've plotted two support zones on my chart but I would not consider them "strong" supports by any means and I would not consider opening longs at those levels. Definitely looking to get on the short side soon just haven't had any good shorting areas just yet. If we get a retest of the bottom of the blue zone that's probably where I'll open a short.