Be even more careful here
Set tight stops longs, BTC loves to bart and shakeout those below.
Would not be surprised to see a similar move to June 1-2 with a move down to the low 11k's before more consolidation up.
If shorting up here, tight stops as well despite a higher probability of downside given the bearish divergences printing right now.
long entry/take profit: 11200-11600
short entry: 12400-12550
SL: Up to you, personally I'm tight at 12600
GL
Would not be surprised to see a similar move to June 1-2 with a move down to the low 11k's before more consolidation up.
If shorting up here, tight stops as well despite a higher probability of downside given the bearish divergences printing right now.
long entry/take profit: 11200-11600
short entry: 12400-12550
SL: Up to you, personally I'm tight at 12600
GL
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