BTC idea for today. -15.07.2022
BTC as in my yesterday prediction claimed over 20 400 resistance and now holding it pretty strong. BTC is in rising trend channel on 15m chart and probably most of this day will spend there. But i am predicting fake breakout to grab some liquidity over high laverage short players(21 200-21400) and then go back to rising channel.
here is some reasons:
-BTC is moving in consolidation on daily (19k-22k)
-consolidation in mostly bear sign if the tendention of move before consolidation was bearish.
-today there are a lot of ,,bad positioned shorts" on 20 200 wchich have liquidation prices at around of 21 300
here is some reasons:
-BTC is moving in consolidation on daily (19k-22k)
-consolidation in mostly bear sign if the tendention of move before consolidation was bearish.
-today there are a lot of ,,bad positioned shorts" on 20 200 wchich have liquidation prices at around of 21 300
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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.