Bitcoin / TetherUSPenjualan
Just Sell Bitcoin / Strong Bearish Momentum / Daily
The daily trading range ( previous analysis ) got broken from downside.
Now Bitcoin is near its prior major low and we have to see the reaction to this low.
BTC is in large daily bear channel and after BO of trading range, moving within a tight bear channel.
6 consecutive bear bars in this channel so always in short and just sell.
$37,500 can be possible bears target as long as the January 5, 2022 bear gap is open.
Consolidate below prior major low ($40,700) then bottom of big bear channel may be tested ($33,000).
The main problem of retails is that they think of every support level as a chance to enter,
but in strong bear trends price doesn't respect support areas and breaks them.
Do not buy Bitcoin as long as we are is bear channel.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
Now Bitcoin is near its prior major low and we have to see the reaction to this low.
BTC is in large daily bear channel and after BO of trading range, moving within a tight bear channel.
6 consecutive bear bars in this channel so always in short and just sell.
$37,500 can be possible bears target as long as the January 5, 2022 bear gap is open.
Consolidate below prior major low ($40,700) then bottom of big bear channel may be tested ($33,000).
The main problem of retails is that they think of every support level as a chance to enter,
but in strong bear trends price doesn't respect support areas and breaks them.
Do not buy Bitcoin as long as we are is bear channel.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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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.