Bitcoin short BTC Technical Analysis based on Confluence

Hey Steemians,
This is not financial advice. Remember to do your own research.

Careful going long on BTC right now since price action and the notes I have added to the image below suggest we are probably going to be going down. Notice all the hard wicks across the top. If you know a thing about price action this should be a red flag for you.

Continue reading my analysis in the image below and let me know what you think!

Remember to use a stop loss and don't go crazy with leverage.

Happy trading.

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