Bitcoin 28.08.2021
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just now
Based on our community questions , everyone is interested in when to open a short position. As I said in May, the short positions - fuel for growth. Now there is no exception. Remember that the big candles in both up and down are due to the liquidation of futures or margin positions.
Technically, there is an upward channel and a flag continuation pattern. I told that above 50450 we had a lot of stop-losses and liquidations. If we break this level - it will bring us to the 51.5-52k price zone.
Best regards EXCAVO
just now
Based on our community questions , everyone is interested in when to open a short position. As I said in May, the short positions - fuel for growth. Now there is no exception. Remember that the big candles in both up and down are due to the liquidation of futures or margin positions.
Technically, there is an upward channel and a flag continuation pattern. I told that above 50450 we had a lot of stop-losses and liquidations. If we break this level - it will bring us to the 51.5-52k price zone.
Best regards EXCAVO
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