The BTC short I wrote about yesterday is playing out exactly as predicted :) Based off the sell signal from my Whales Buy-Sell indicator and the MFI Pro, we accurately predicted that BTC would fall to at least the $57,853 support level which it broke and went to our next support of $54,180. Currently BTC is holding that support but if the 8hr candle closes below $54,180 then I can definitely see us going to $50,918. I can see at least 1 more day of downside (based off of the MFI Pro taking time to break below 30) before we consolidate for a couple days and try for another leg up.
If you have any questions about the indicators used, my technical analysis, or want to buy the Whales Buy-Sell indicator, please PM me :)
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.