NoaTrader

Bitcoin better risk to reward for going short here

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NoaTrader Uppdaterad   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Every time that price has hit the top the volume is getting lower and the high of the candle is lower too. this is not a good sign for breaking the resistance. On the other hand, the size of rejection after touching the resistance is getting lower and lower and that is a good sign for going up.
If 25.2K is broken then it can go up to 28K; but at this moment as the price cannot push up with enough power, going short has a better risk to reward with a small stop loss.
Targets on the chart.
Would be glad to hear your opinion.
Trade stängt: målet nått

nfa & dyor
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