At the moment the nearest liquidations from above are in the range of 69900-70600. Probably BTC distribution may take a few days or even more. At the moment liquidity is accumulating both from above and below but there are much more bulls thus it gives us more confidence in a downward move and liquidation of bullish positions up to 50k. A preliminary hike up with...
1810.204 - retest zone 1827.521 - T.P zone First, there will be a correction before the next bull run. You can currently take a sell position to 1810.204 NB: This is not a financial advice, do your research before entering any position.
BINANCE:BTCUSDT Follow Along the support and resistance created by Trend Lines.
1. Major trend is bearish 2. We got break of triangle with nice forming 123 or ABC pattern (LL->LH->LL...) 3. 3rd touch of resistance trend line gives even more confidence. 4. Price is currently sitting on structure from previus swing low (support became resistance) 5. We also have fibonacci retracment 50% Enter on D1 waiting for pin bar, engulfing or any candle...