BTC Analysis. In Distribution?
Explain on the chart. I'm not 100% sure about this, but since my previous top idea played out well, I am still shorting.
Low effort means it won't be able to push past resistance and should fall.
It's a dumb move but good risk/reward.
Low effort means it won't be able to push past resistance and should fall.
It's a dumb move but good risk/reward.
Note
Illiquidity patterns everywhere! VINDICATION!Targets are something I'll have to watch for, the question is where volume comes back in. I think it's possible we see $24-27k but that is optimistic.
Note
Taking a lot longer to crash than I thought, but it looks like it's happening. Seems crypto has matured and we won't have violent crashing tops anymore.Note
If we consolidate here any longer I'm gonna call this a cool off and buy any breakout super long.
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.
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.