FFTM in a recent uptrend literally ripped up the Shorters. But here could be an opportunity ONLY if we lose the Support of Line & the EMA 50 on 4 HTF.
Will see some strong retracement in downward around 15-20%. It could retrace more up to $0.32-$0.35, but will see that if #BTC starts behaving like a Bad Boy.
Get ready, observe the conditions, wait for Lower Low and just Hammer in CAPO style.
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.