SHORT TO 8428-8186 RACEACEACE #BITCOIN #XBTUSD #BTCUSD
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I am looking for a short entry. The resistance is between 8855-9017. Nearest support is 8677. A break below 8677 = 8428 and then 8186. I am a lower t.f scalper. I have identified these zones. I am flat at the moment. I will look for other confluence in my t.a before entry. I believe this will be a consolidated market until at least mid March. The price action will be similar to that of the period between October 2019 and mid December 2019. I have been saying this for a long time. All trades should be lower t.f scalps. I believe it is best to take short trades and avoid longs. This is not a time to swing trade, in my opinion. Stay safe!