BTC dumping to 21000 to fill CME GapHello All,
BTC is dumping to 21k.
May take some time because it is a 1-day chart.
1day at the oversold zone pointing downwards.
Be careful if you are in long with high Lev.
Not financial advice.
Btcinoversoldzone
A short term idea of how BTC will moveHello,
You can see here the pattern BTC might form. We might see 28600 first and then back to 27400.
Please be aware that patterns do fail .
A different outlook of M Pattern is below. M pattern can be of many kinds. It does not need to be a perfect M.
BTC is bearish. I do not suggest a long position.
You can take a short position at 28500 and take part entries with low lev.
TP at 27500. Follow risk Management
Never use high Lev. Protect your funds.
We have BTC in the oversold zone in 1 day and 1 week.
CME gap at around 21000
Thank You
