Bitcoin / TetherUSShort
BTC short 17600-17700 Absorption Phase Lehman Bros structure
Not financial advice.
This is what I call an absorption structure.
Currently we in the Absorption phase similar to Lehman brothers crash of 2008.
We absorb the market and within 150 days we lost 45% overall.
This is just the start of the absorption phase.
This is a daily update.
Place shorts at 17600-17700
Clear break on daily timeframe and now in 50+ plus days of range trading again.
Until the final drawdown.
I call this the Feb fakeout..
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
This is what I call an absorption structure.
Currently we in the Absorption phase similar to Lehman brothers crash of 2008.
We absorb the market and within 150 days we lost 45% overall.
This is just the start of the absorption phase.
This is a daily update.
Place shorts at 17600-17700
Clear break on daily timeframe and now in 50+ plus days of range trading again.
Until the final drawdown.
I call this the Feb fakeout..
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.