BTC is looks like recovering. It could manage a breach on the short-term trendline but couldn't manage a clear swing-low and it's a doji HA.
Indicators are still bearish. I miss a drop would generate the last emotion institutions need: disappointment.
So far you had an emotion of greed, surprise, shock, hope, now they want you to feel disappointment and leave the arena after a longer period of hesitation meaning price oscillation.
BTC is still not a safe buy, better to wait or nibble a small portion of long position only.
Indicators are still bearish. I miss a drop would generate the last emotion institutions need: disappointment.
So far you had an emotion of greed, surprise, shock, hope, now they want you to feel disappointment and leave the arena after a longer period of hesitation meaning price oscillation.
BTC is still not a safe buy, better to wait or nibble a small portion of long position only.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
Related publications
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.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
Related publications
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.