From the rejection wick we can all see, shows buyers don't have much strength taking the market to the up side and it adds confluence to the sell setup so basically a sell to the $23k price mark is imminent.
Note
Proper risk: reward ratio should be takenTrade active
If you're still in the trade, trail your Stop LossTrade closed: target reached
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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.