Nice idea on BTCUSD and there may be potential gains as you have identified by going short. Currently, price is approaching our first resistance at 6347, which is a horizontal overlap resistance and 23.6% Fibonacci retracement. RSI is seeing a bearish exit and we might see a corresponding drop in price. If a corresponding drop does occur, we may want to take a look at the 5870 support level, which is the support level that you have identified if price drops below 6.2k. It is a horizontal swing low support with 61.8% Fibonacci extension.
Please take a look at our idea and share with us what you think.
Please take a look at our idea and share with us what you think.