BTC destroys the hopes of holders?
Updated
I did not publish the ideas for a while, because the market situation needed clarification. And now the situation does not look good:
1. Divergence on the 4H chart
2. Bearish flag
3. Bearish flag fixed to the trend line (see the comment with the image of the daily chart)
4. Possible head and shoulders pattern
5. This movement is corrective because it has many overlaps, which may mean a further decrease
6. According to the Wyckoff method, the next price movement can be the C phase
Enter ~ 6550 - 6600
Stop ~ 6710
Target ~ 6250
1. Divergence on the 4H chart
2. Bearish flag
3. Bearish flag fixed to the trend line (see the comment with the image of the daily chart)
4. Possible head and shoulders pattern
5. This movement is corrective because it has many overlaps, which may mean a further decrease
6. According to the Wyckoff method, the next price movement can be the C phase
Enter ~ 6550 - 6600
Stop ~ 6710
Target ~ 6250
Trade active
Trade active
Trade active
Trade active
Trade active
Trade closed: stop reached
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