We are seeing a distribution candlestick on the Daily chart of the
BTCUSD
. Even though the candle is not closed yet, but it is very likely that this will be the candle once it's closed.
As all of you all know, BTC has spiked since the 3k zone, approximately 150% gain without a significant retracement!
FOMO has kicked in and you know the history in 2017.
Targeting a retracement of 30-40% from the current peak.
As all of you all know, BTC has spiked since the 3k zone, approximately 150% gain without a significant retracement!
FOMO has kicked in and you know the history in 2017.
Targeting a retracement of 30-40% from the current peak.
Trade active:
Big Big Distribution candlestick as expected