BTC weakness of the buyer
Updated
https://www.tradingview.com/chart/BTCUSDT/MBNtTUw3-BTC-next-path/ script continuation.
The price forms successive increases with a decrease in volume. Which indicates the absence of a strong buyer. At the stage of high formation, candles take the form of pin bars with a large volume. In this critical zone for the price of bitcoin, such formations look dangerous. If price is going to move further, it will need to rebalance and fill in price inefficiencies below. But this scenario is not the main one, we adhere to the original plan for the formation of a turn in this zone. If the price breaks through 22850, the plan is canceled
The price forms successive increases with a decrease in volume. Which indicates the absence of a strong buyer. At the stage of high formation, candles take the form of pin bars with a large volume. In this critical zone for the price of bitcoin, such formations look dangerous. If price is going to move further, it will need to rebalance and fill in price inefficiencies below. But this scenario is not the main one, we adhere to the original plan for the formation of a turn in this zone. If the price breaks through 22850, the plan is canceled
Note
Bears are rapidly developing the price. By creating large liquidations of long positions and amplifying the decline. It is necessary to wait for the price to stop and evaluate the buyer's strength if it appears. But at the moment the price is developing the main scenario. we are waitingNote
Some manipulation. With brake. And prise realising bear potential. Be careful with your positionsTrade closed: target reached
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