As you can see BTC was trying to get back to the growth channel but despite a considerable impulse we bounced back from it. This is due to the quite strong resistance that combined with the resistance around 10,000. These types of movements are typical for whales that hunt for stop loss. As for me, in the coming hours we will see a fairly rapid and rapid decline as at the beginning of the week where we wandered around 9200.
Note
Note
ok time to close the short position with a huge profit: O. New analysis below.
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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.