Black Arrow Marked candle is last weekly closed candle
in last week also bulls are looking very much exhausted bt able to sustain the price .
thts why its formed doji pattern.
9700-10150 is demand zone ...i think when heavy selling pressure comes it will easily breakdown
next expected demand Zone is at 8300-8600 area
How to trade?
frm many days i m personally building short positions on every rise of btc
once 9700 is broken u can look for short position on shorter timeframe rise
expected target will be 8600 area
will discuss more in next idea
in last week also bulls are looking very much exhausted bt able to sustain the price .
thts why its formed doji pattern.
9700-10150 is demand zone ...i think when heavy selling pressure comes it will easily breakdown
next expected demand Zone is at 8300-8600 area
How to trade?
frm many days i m personally building short positions on every rise of btc
once 9700 is broken u can look for short position on shorter timeframe rise
expected target will be 8600 area
will discuss more in next idea
