Shorting of the red line has been going well so far. Be mindful as btc starts to coil tighter, a move up or down is coming soon. If it breaks upwards and continue upwards I am bullish and if we break to the bottom I will wait for the purple line to break to confirm bearish trend.
Support and resistance levels is the same as we posted earlier this week. Look to 4400 – 4500 to signals the return of the bulls.