hi , i'm gonna share my personal view of BTC/USD
i think btc will drop more
there is two level in my watch now 4.5k-4.8k ish or 3.5k to 3.8k ish
there is hard resistance at 6.3k ish right now , and i dont think it was a bull flag pattern bcoz it taking to long , i think the big green bar is just another short squeeze before we go down again
*disclaimer : this is only my personal view of current action of BTC not a trading call , do your own research before opening any position and on your own risk
i think btc will drop more
there is two level in my watch now 4.5k-4.8k ish or 3.5k to 3.8k ish
there is hard resistance at 6.3k ish right now , and i dont think it was a bull flag pattern bcoz it taking to long , i think the big green bar is just another short squeeze before we go down again
*disclaimer : this is only my personal view of current action of BTC not a trading call , do your own research before opening any position and on your own risk
Comment:
we're on a wedge , there is strong resistance on 6366 and 6559 area
Comment:
back in wedge , just another short squeeze , i spotted fractal too
Comment:
after several attemps to break 6850 and failed , btc going back down and the target would be below 5k
after several attemps to break 6850 and failed , btc going back down and the target would be below 5k