Hello to everybody!
Let's check bitcoin.
After two months consolidation we are close to important trendline.
Normaly you can see nice short setup, we have bearflag, we are below daily (weekly) trendline, so its nice short wiht good RRR.
BUT!!! I saw this situation on BTC many time. It goes still slowly up, everybody taking shorts and then big pump with many liquidations.
Be careful of this.
Let's check bitcoin.
After two months consolidation we are close to important trendline.
Normaly you can see nice short setup, we have bearflag, we are below daily (weekly) trendline, so its nice short wiht good RRR.
BUT!!! I saw this situation on BTC many time. It goes still slowly up, everybody taking shorts and then big pump with many liquidations.
Be careful of this.