BTC continues to show weakness!

2019년 1월 31일

• BTC has moved higher recently after breaking through support
  
• This region has now become resistance and this can be shown so far by the rejection of price on that last push
  
• We haven't really seen bulls come in with volume to defend these prices and with the gap still open below, the odds are high on a fill soon
  
• We would need to regain this supply zone for longs to look appealing again but until then, the trade is still to short rallies
  
• The unfilled gap remains near $3,150 and with month end tomorrow, we could see some volatility
  
• Bulls would need to step in with force on that gap fill or else we could see massive stop runs below the lows and the 2k handle will be a reality
  
• Shorting either the initial test of supply or the block EQ would be ideal spots for a move back down to fill the gap
  

2019년 1월 31일

노트

so far, trade has gone our way. We rejected the supply zone and could be heading down to that zone below