In fact, I'm really only considering two outcomes:
1. A fake exit beyond the $2,000 level. This is the most unpleasant scenario imaginable! Just imagine if price deviates from the high of the range and the psychological $2000 level, it is a very bearish trend! In that case I would look for shorts below the $2k level .
2. Instant dump to 0.5 Fibo. Since Bitcoin cannot break resistance, this scenario is quite possible. No tricks, no traps, just firmly sell the news and sell the unlock. This is a tougher result to trade as 0.5 Fibo can work out as support, but can also bring the price down to 3 pips. I'll be looking mainly at #BTC , levels are clearer there!
If you are actively in #ETH , consider selling some of them, especially in case the $2k level fails! If you are in dollars , wait for a correction or a range high recovery to enter !
