BTC Daily review - Looks bearish
Updated
Yesterday we dropped a lot as I predicted. Congratz to those who opened shorts.
Right now the movement is likely to continue as we can see weakness of buyer on the chart.
Buyer has failed to update local 1h highs and develop impulse up after we broke trendline.
Currently we broke down support and trading below it, forming a base for an impulse down 📉
Target should be around 23300 as it is zone of people who started the movement up🚀
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Right now the movement is likely to continue as we can see weakness of buyer on the chart.
Buyer has failed to update local 1h highs and develop impulse up after we broke trendline.
Currently we broke down support and trading below it, forming a base for an impulse down 📉
Target should be around 23300 as it is zone of people who started the movement up🚀
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Order cancelled
Most likely we will drop on US open
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