BTC not looking healthy. That upper and lower trend-line have created some very strong support but also crazy strong resistance in this price channel. I think BTC needs to confirm above 9.5-9.6k before we can move up again.
We can see very steep drop off of vol. We also know that M's are usually reversal patterns. Let's see where this takes us, I don't think this is a bear trap, I think this is a early warning sign that we will return to 8.4k this week.
We can see very steep drop off of vol. We also know that M's are usually reversal patterns. Let's see where this takes us, I don't think this is a bear trap, I think this is a early warning sign that we will return to 8.4k this week.
Commento:
Thank you all for your support and follows. If you feel like tipping please feel free:
Tip Jar addres - ETH 0x99897fC12601d596007f2779845faAF81C7b07F0
Tip Jar addres - ETH 0x99897fC12601d596007f2779845faAF81C7b07F0
Commento:
She isn't done just yet.No buy vol found.Bears are looking pretty strong here.
She isn't done just yet.No buy vol found.Bears are looking pretty strong here.
Commento:
Yeah she isn't done. She wants that dip baby dip!
Yeah she isn't done. She wants that dip baby dip!
Still expecting 8.4, but it may dump to 8k and follow the trend-line up from there.
Let's get it!