BitcoinShort
BITCOIN short after bounce from two strong slopped lines
We have strong bearish context after 100k was almost met on falling volume.
Now we have strong confirmation when price bounced from 3rd waring line of a downsloping Pitchfork and in the same time zoomed and retested Reaction line from upsloping Action-Reaction set. These bounces were not 100% accurate but left a gap instead, that is even more bearish.
Stop is placed on major high (ATH). Not behind it - in order to avoid slippage.
We are targeting to the center of last major buyers accumulation
Now we have strong confirmation when price bounced from 3rd waring line of a downsloping Pitchfork and in the same time zoomed and retested Reaction line from upsloping Action-Reaction set. These bounces were not 100% accurate but left a gap instead, that is even more bearish.
Stop is placed on major high (ATH). Not behind it - in order to avoid slippage.
We are targeting to the center of last major buyers accumulation
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