Bitcoin has not been a good asset to common man as it always doing opposite, becasue whales manipulate it.
Its hard to believe to some but i have always seen this since 4 years of my crypto market.
Now here the Shorts and longs are equal since monday which was reason this is neither going up or down. And some smart people are just holding breath and watching candles in every timeframe.
Just its hunting stoploss and liquidating high leverage with sudden pump and dump scheme of $500 diff.
RIP Technical Analysis and Fundamental Analysis.
However, as per chart if it breaks Red and Black line support. We gonna double bottom the lows.
Be very very cautious. If you put a tight SL it will hit and you will loose trade.
I have my Shorts limit order at 7150 which could happen and one short open at 6700.
If it breaks SL is 7400.
This is just my opinion and I believe that you are smarter than my financial advise.
Its hard to believe to some but i have always seen this since 4 years of my crypto market.
Now here the Shorts and longs are equal since monday which was reason this is neither going up or down. And some smart people are just holding breath and watching candles in every timeframe.
Just its hunting stoploss and liquidating high leverage with sudden pump and dump scheme of $500 diff.
RIP Technical Analysis and Fundamental Analysis.
However, as per chart if it breaks Red and Black line support. We gonna double bottom the lows.
Be very very cautious. If you put a tight SL it will hit and you will loose trade.
I have my Shorts limit order at 7150 which could happen and one short open at 6700.
If it breaks SL is 7400.
This is just my opinion and I believe that you are smarter than my financial advise.
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Candle Wicks broke the Trend line and now it is searching for nearest Support.
Could be 5800
Could be 5800