BitcoinLong
BULLISH AT SUPPORT , TAKING PROFIT AT RESISTANCE
Hey guys,
like in every bull-run we are getting some corrections, here i'm showing how price react once we formed a support price.
Like the previous correction BTC came back to the support, this action did a few things on the market : -longs are liquidated - Shorts are open -everyone is calling for 8/5k.
exactly yhe same as in the previous correction.
i believe that now BTC is being sold from early buyers to stronger hands (HODLERS).
As long as this support hold everything will be perfectly fine ... below it it'll be a nice bloodbath.
find me on twitter leviathan capital crypto
love MS
like in every bull-run we are getting some corrections, here i'm showing how price react once we formed a support price.
Like the previous correction BTC came back to the support, this action did a few things on the market : -longs are liquidated - Shorts are open -everyone is calling for 8/5k.
exactly yhe same as in the previous correction.
i believe that now BTC is being sold from early buyers to stronger hands (HODLERS).
As long as this support hold everything will be perfectly fine ... below it it'll be a nice bloodbath.
find me on twitter leviathan capital crypto
love MS
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.