BTC Daily - Strong bearish trend until this happens 👀
Updated
Welcome everyone!
This week we started with BTC drop and right now we are collecting power for further movement.
Look at the chart. Do you see a ledger of levels at bottom? Isn't that beautiful... So many stoplosses so close..
I think it's very likely that we will fall until we collect them and big volume appears at bottom.
If you zoom out and look at global picture, it's not looking very bright either.
• USD is getting stronger
• SPX is Falling
• European natural gas crisis growth in scale
• FED interest rates meeting is this Thursday.
Overall, be carefull with longs for now.
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
This week we started with BTC drop and right now we are collecting power for further movement.
Look at the chart. Do you see a ledger of levels at bottom? Isn't that beautiful... So many stoplosses so close..
I think it's very likely that we will fall until we collect them and big volume appears at bottom.
If you zoom out and look at global picture, it's not looking very bright either.
• USD is getting stronger
• SPX is Falling
• European natural gas crisis growth in scale
• FED interest rates meeting is this Thursday.
Overall, be carefull with longs for now.
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
Trade closed: target reached
Did another trap and went down
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