With this down-trending channel in BTC, I think shorting opportunities can be found from resistance levels and MAs. For example, it looks to be failing to hold 545xxx price region, bear targets can become the support trendline again if it carries on moving away from that resistance level.
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.
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.