BTC has made a diamond bottom and most likely spike upwards from Stop losses being hit and liquidations.
Note
side note: this diamond formation isn't the strongest (2nd half wonky)Note
Update: there were a lot more stop losses set above that bar than i initially anticipated. LiqNote
liquidation zone is >42kNote
Trade closed manually
Note
BTC looks uncertain. Probably more sideways movement. Closed BTC longs and chopped alt longs.
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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.