BTCDOWNUSDT Bearish = Bullish for Bitcoin | Looks like Wyckoff
Updated
Not investment advice - Looks like a Wyckoff distro on BTCDOWN which means accumulation and upside for Bitcoin. I prefer trading this over BTC for it's variable leverage and given that we've not seen the bottom for Bitcoin yet so it's much easier to recover from a position that goes south in the short term on this. Good luck!
Trade active
So far the breakdown forecast is playing out which means Bitcoin has indeed rallied. Congrats to the BTC bulls as they seek to breach an upper trendline down resistance. Stay tuned . . Comment
Been trying to keep up with everything but I sniped a handful of successful swings with this. Here's the latest as I believe we get some minor pump on BTC and then carnage as it heads to the lows. Trade active
Seriously, I love trading this beast for multiple reasons but my latest is that Bitty LOVES harmonics!!! Check out this latest Gartley bullish. Cheddah comin'! Trade active
Apologies for not staying on top of this . . wheel are turning and burning here, not enough hours in the day. Make of this what you will but I tend to straddle the channels and scalping bigger moves into and out of them. Here's my current channel on BTCDOWN Disclaimer
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