BTCUSD
On the long side, unfortunately, we are still moving in a strong downside direction
This appears strongly on all frames
We find the bearish candles long, but the bullish candles are weak
We find that we fall in prices in a short time, while the correction or rise takes a very long time
This is a strong indication that the dominant trend is still sellers
We have an important level 15786
If it was broken unfortunately (and this is my personal expectation
We will go to the demand area, which is, by the way, the completion of the Hamonic pattern at 11800
I also recommend dividing the purchase quantities if it falls more than that, to the level of 4500
On the long side, unfortunately, we are still moving in a strong downside direction
This appears strongly on all frames
We find the bearish candles long, but the bullish candles are weak
We find that we fall in prices in a short time, while the correction or rise takes a very long time
This is a strong indication that the dominant trend is still sellers
We have an important level 15786
If it was broken unfortunately (and this is my personal expectation
We will go to the demand area, which is, by the way, the completion of the Hamonic pattern at 11800
I also recommend dividing the purchase quantities if it falls more than that, to the level of 4500
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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.
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.