I am overall SHORT; however, accumulation appears to be prepping for the next quick impulse.
IF 24,300 is conquered, BTC will hit the upper lines shown above between 25,200 and 25,300. Then I expect a large draw down (maybe after a short squeeze)
Good Luck
IF 24,300 is conquered, BTC will hit the upper lines shown above between 25,200 and 25,300. Then I expect a large draw down (maybe after a short squeeze)
Good Luck
Note
Notice the 1H squeeze is preparing to move bullish and the MA200 is supporting BTC
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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.