BTC Short is Working So Far. What to Watch Next for Confirmation
This could easily be a spring entry if it falls below and gets back in to the consolidation box. So if you're not an idiot like me who shorted the exact top, wait for that retest of the box to confirm it as resistance.
You can see the failure to move the price back up on the 1min chart as well
The patterns are not the usual reversal patterns, and it keeps dropping, and now you have a lot of messy retail panic selling after smart money has sold out.
You can see the failure to move the price back up on the 1min chart as well
The patterns are not the usual reversal patterns, and it keeps dropping, and now you have a lot of messy retail panic selling after smart money has sold out.
Note
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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.
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.