ridethepig | Bitcoin Finally Breaking Down
ที่อัปเดต:
📌 ridethepig | Bitcoin Finally Breaking Down
The goal of this swing as you all know by now is to test $28.000/$27,000 and show a real seizure of control from sellers. After another -8% today, it's clear in the ST sellers are doing their duty as we approach the first targets. The defence here is very feeble, fresh weakness should be considered indirect fruits of our operations!
We have to review the diagrams to understand our opposition:
The ABC retrace was clearly running out of steam, pressure on buyers to take back $40,000 was too great and they started coughing. Sharp speculators began profit taking while the unaware kept loading at the said ceiling. Any remaining buyers would do better at giving up the soft floor here and reloading lower as we are now falling flat on the concrete.
The pullback from here should be shallow and strongly protected from sellers in my opinion. The decision to stay remain short is natural and we should be able to continue exploiting the late buyers. We should pay particular attention if we break down as we will see $28,000/$27,000 main targets very quickly.
Thanks as usual for keeping the feedback coming 👍 or 👎
The goal of this swing as you all know by now is to test $28.000/$27,000 and show a real seizure of control from sellers. After another -8% today, it's clear in the ST sellers are doing their duty as we approach the first targets. The defence here is very feeble, fresh weakness should be considered indirect fruits of our operations!
We have to review the diagrams to understand our opposition:
The ABC retrace was clearly running out of steam, pressure on buyers to take back $40,000 was too great and they started coughing. Sharp speculators began profit taking while the unaware kept loading at the said ceiling. Any remaining buyers would do better at giving up the soft floor here and reloading lower as we are now falling flat on the concrete.
The pullback from here should be shallow and strongly protected from sellers in my opinion. The decision to stay remain short is natural and we should be able to continue exploiting the late buyers. We should pay particular attention if we break down as we will see $28,000/$27,000 main targets very quickly.
Thanks as usual for keeping the feedback coming 👍 or 👎
บันทึกช่วยจำ
Sequoia joining the party and willing to pay in BTC right on time for the pullback.บันทึกช่วยจำ
บันทึกช่วยจำ
A traditional update for NYบันทึกช่วยจำ
Let's see if sellers can get the breakdown...
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน