Quick heads up for bitcoin
This is the usual price behavior of a fakeout. Anyone shorting the pattern breaking should be careful until confirmation.
The next move will be a big one, either to the upside (7900-8000$) and to the downside (6900$-5500$), so, there is no need to take an extra gamble for a measely 100$
The next move will be a big one, either to the upside (7900-8000$) and to the downside (6900$-5500$), so, there is no need to take an extra gamble for a measely 100$
- 55 2H EMA as support
- Ascending trendline Held as support
- 2H engulfing candle on the 2H
- Perfect Hammer formation at the bottom in the lowest timeframes
-🚀 MSTP🚀 calculated Bullishness in 4 different indicators, other timeframes also in agreement
- Forming H&S with the perfect volume profile
Was it a fakeout? or is this the fakeout?