ANOTHER BTC BEARISH SCENARIO
Here are two possible scenarios.
I expect a pullback before a dedicated move. There is hidden bearish div waiting to play out. Weekly looks like a temp bounce so the green trace seems more likely.
Looks like we could either pull back, channel and pump or straight dump.
Dates I'm looking out for: today (7/7), 9th, 13th, 19th and 27th.
I'm slowly scaling into a short for a multiple day hold.
I expect a pullback before a dedicated move. There is hidden bearish div waiting to play out. Weekly looks like a temp bounce so the green trace seems more likely.
Looks like we could either pull back, channel and pump or straight dump.
Dates I'm looking out for: today (7/7), 9th, 13th, 19th and 27th.
I'm slowly scaling into a short for a multiple day hold.
Note
Looks like we're seeing the red trace coming to life. Let's see if we break down or not.Note
>=D well what do you know! the red trace lives on but came about much quicker!Note
This is getting too easy to spot now! Note
;) Note
Green fractals....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.