KUCOIN:BTCUSDT Price is beginning to break down at about 25700 which is now resistance and a POC. The entire market is red. I am eyeing 22k and lower. I believe people are already anticipating a red September and letting the price drop. I would be weary of longing lower prices until we see significant accumulation at lower levels. Look for a reverse H AND S...
KUCOIN:BTCUSDT Looks like 25900 is becoming significant resistance. This is a close up of the Right Shoulder on the 4H. We need to have been higher already. Liquidity is obviously at lower prices. Open interest is low and at lower prices I fear interest will sink with it. All this means is save your capital!!! Happy Trading!
KUCOIN:BTCUSDT Head and shoulders playing out. Left shoulder high of 25812 can not be broken in order for valid confirmation. The true savage has shorted since the head, but essentially you want to wait for the retest of when it broke the neckline to short. Happy trading.
KUCOIN:BTCUSDT KUCOIN:BTCUSDT Left Shoulder 26830 Head 28151 Right Shoulder 26450??? As long as we do not go over 26830, expect lower prices. BTC bearish trend most likely to continue. Target: 22999????