Hi everyone. This will be the first published idea from me and I do hope it is helpful for you all.
This is a 4HR BTC chart. The trend is downslope. Within downslopes or upslopes you have mini bulls or bearish activities. We see from the chart that since the big dip May 19, we have had lower highs and a higher high. We have had higher lows as well as lower lows. We can see that at some higher lows, we saw lower highs as a result. Proceed with caution.
Short between: 35,500 - 34,500. SL anywhere from 35,800 - 36,000. You can set your TP anywhere, that is up to you.
Good luck.
**Not Financial Advice**
This is a 4HR BTC chart. The trend is downslope. Within downslopes or upslopes you have mini bulls or bearish activities. We see from the chart that since the big dip May 19, we have had lower highs and a higher high. We have had higher lows as well as lower lows. We can see that at some higher lows, we saw lower highs as a result. Proceed with caution.
Short between: 35,500 - 34,500. SL anywhere from 35,800 - 36,000. You can set your TP anywhere, that is up to you.
Good luck.
**Not Financial Advice**