BTC (1H) - Another Triangle above support ? You should be scared
Hi Traders,
As you can see, BTC is forming some overlaping structure above strong support, so my expectation is: Somebody is buildng a BIG short position to break it DOWN.
BUT, Be prepared for both directions and wait which trendline will be broken ;)
Take care and trade safe.
As you can see, BTC is forming some overlaping structure above strong support, so my expectation is: Somebody is buildng a BIG short position to break it DOWN.
BUT, Be prepared for both directions and wait which trendline will be broken ;)
Take care and trade safe.
Catatan
Smaller TF: Catatan
Triangle formation was broken, hence I suppose it could be abc bear flag or some similar structure where wave c is ongoing. Small TF:
Trade aktif
As long as the move from 48K to 39,2K can be identified as impulsive wave down (1 or A)... I expect at least another one Wave down ...(3 or C)If its wave 1 ... then hold your seat and get ready for a ride. It will be Volatile.
As long as the move from 48K to 39,2K can be identified as impulsive wave down (1 or A)... I expect at least another one Wave down ...(3 or C)
If its wave 1 ... then hold your seat and get ready for a ride. It will be Volatile.
Catatan
Pernyataan Penyangkalan
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.
Pernyataan Penyangkalan
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.