tradehouse traders elite master candle class by lilly buell minneapolis mn
Looking for price to continue bearish after a retest of structure support.
The problem is that BTC does not want to face reality, it is time to buckle under the weight of the death cross. It keeps pretending like it has the strength to defeat it by moving up once in a while but the truth is that to defeat a death cross it requires an astronomical amount of volume. Yes, exchanges can start pumping BTC anytime but we will only drop money...
Price Action (Technical Analysis): Current Price has just broke above a key monthly swap level (Respected Support & Resistance Level), knowing our rules to price action after breaking a level of structure minor or major we expect a pull back testing the previous structure before entering the trend. We sat through a couple of weeks in a consolidating market...
Price Action (Technical Analysis): Proceeding with Market closed currently we speculate price ended in a very key level of structure in the weekly time frame. We cannot assume for price to automatically reject and continue short. We see loss of momentum at our rally point, we respond with confirmations to go short such as a bearish breakout, price action reversal...