BINANCE:BTCUSDT
SWING TRADE • Long-term • Next General Direction
• Weekly candles beautifully rejecting off of the 30Ks prominently enough.
• Slowing down of the bullish momentum intrinsically .
• Therefore, Bitcoin's 'natural resting phase' will seek out:
1- the nearest support.
2- the nearest gap.
3- the price level that has the most potential to strike...
Closing of 12th of November,
Why bullish?
1) Such a huge range Crypto is in now from the massive drop: would the 20K-19K shorters survive towards another bottom?
2) Bearish 19K daily fair value gap.
2) Stocks, which have influence on the crypto’s price movement, have already gone bullish massively. Closed bullish last week, now it’s crypto's time to catch up.
4)...
BINANCE:BTCUSDT
• The perfect trap for more shorters to hop in for 'the bigger drop towards 25K to fill the daily gap'. Little do they know that it has already been filled from the previous days when it tapped into the 26Ks and pushed beyond 28K.
• Therefore, Bitcoin's maximum drop will not go below 26K.
• Bitcoin's current 'dump' is not a dump, as the asset's...
