After last weeks close, it is clear that BTC is going for the double top where short traders has their buy stops, so this market will clear those levels to pair longs' take profit with the buy stops. If you are long and looking for exit, then ask a question. Where are orders which wants to buy high?!
The buy stops above 11 000 will do it;)
The buy stops above 11 000 will do it;)
Note
Inside range double/tripple bottom created to be swept into buy level. I like it.
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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.