We´ve analysed two possible Bitcoin movements. In generell it´s very risky to short within this straight bull trend. Enter only with 5% of your total capital and add more capital if the trend reversal has been confirmed.
The first one is the green one which has a higher probability. Market need to break the current drawn resistance within the next 24 hours for further up movement. The buy volume seems very low, much more buy volume is needed to break current resistance. After breaking the resistance market will come down to confirm this resistance as new support. This is a good buy opportunity with small account amount (max. 10 %). Stop loss under 18850 $
The second possible movement is a sell scenario: Market goes into sideways movement for the next 24 hours. Open short if market doesn't make a new high within the next 24 hours. Stop loss above the all time high.
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