#BTC News about Bakkt was local in nature
Updated
#BTC News about Bakkt was local in nature, giving just the right momentum to the price.
Now we are moving in a downward channel where a very strong support line has formed around $ 9400-9000, which we have not been able to break through. At 4 hours a bearish flag was formed, which signals a price spike in the near future.
Having broken through $ 10.840 + fixing the price higher can cancel the drain, and breaking through the upper border of the channel $ 11.600 + can cancel the bearish mood of the crowd.
Also, the dominant cue ball is already 71% - unloading suggests itself, all the same, soon the overflow of funds to the viola should begin, they are now suffering very much.
What now?
I am considering the possibility of a set of shorts, the cancellation of which will be at a crypt above $ 11.000, do not forget about the stop.
Now we are moving in a downward channel where a very strong support line has formed around $ 9400-9000, which we have not been able to break through. At 4 hours a bearish flag was formed, which signals a price spike in the near future.
Having broken through $ 10.840 + fixing the price higher can cancel the drain, and breaking through the upper border of the channel $ 11.600 + can cancel the bearish mood of the crowd.
Also, the dominant cue ball is already 71% - unloading suggests itself, all the same, soon the overflow of funds to the viola should begin, they are now suffering very much.
What now?
I am considering the possibility of a set of shorts, the cancellation of which will be at a crypt above $ 11.000, do not forget about the stop.
Trade closed: target reached
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