Hey traders,
BTC has been moving down ever since a bearish orderblock was formed earlier today. price has tried to go back to that level, but rejected the orderblock and gave us some nice bearish conformation. I see price potential going much lower, maybe to around 30k (follow for updates).
If you found the analysis helpful follow and like, and as always happy trading!
BTC has been moving down ever since a bearish orderblock was formed earlier today. price has tried to go back to that level, but rejected the orderblock and gave us some nice bearish conformation. I see price potential going much lower, maybe to around 30k (follow for updates).
If you found the analysis helpful follow and like, and as always happy trading!
Note
Looks like our second scenario is playing out, we bounced of 32700 and went back up to our bearish orderblock before moving down again ! Props to anyone who sniped that entry, and I'll keep you guys updated!Disclaimer
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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.