The progress on BTCUSD

James B. Beal
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Yesterday, we looked for selling opportunities from the zone
BTC in our sell zone
Today, we can already see that rejection and price is heading towards the first target at 37 300.
The breakout will confirm a downside continuation to 30K.

Once we rejected that zone, we should not see price above 42 600 anymore, in case of a downside continuation.
That’s where you should place your stops as well. Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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