Bearish Gartley #BTC - Confirmation?
Updated
Looks pretty Bearish to me! Yes we are above the yearly open, yes we have lots of bullish sentiment and Whale/Market Maker buying... retail volume is dead...
This is a Whale/MM Liquidity Grab... we should pullback to support, fake out some longs and sucker in some shorts, pump to Stops... and then dump...
It's too damn perfect... lets find out... Macro i'm still bullish, all you have to do is look at a 12 month chart of BTC and look at the abysmal volume we have had... this has NO retail buying... this is all Whale/MM pumping to grab retail liquidity before the recession that we all know is coming...
Stay on your toes out here, and don't buy the hype... its a bear market!
Happy Trading...
This is a Whale/MM Liquidity Grab... we should pullback to support, fake out some longs and sucker in some shorts, pump to Stops... and then dump...
It's too damn perfect... lets find out... Macro i'm still bullish, all you have to do is look at a 12 month chart of BTC and look at the abysmal volume we have had... this has NO retail buying... this is all Whale/MM pumping to grab retail liquidity before the recession that we all know is coming...
Stay on your toes out here, and don't buy the hype... its a bear market!
Happy Trading...
Comment
Macro I'm still bearish*** that was a hell of a typo lolTrade active
Still holding short... sub 40k coming in hot... 38/35k is where we can look to take some profit... patience pays... patience pays...
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