Biaxar

-20% BTCUSDT?!

Short
Biaxar Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
I still cannot find any reason that this pump is the start of the bull run
BTCUSDT needs to touch lower prices, then I can be bullish
These kinds of movements are suspicious in my idea, I can't trust the trend for now
18800-19200 is the next low in the most optimistic scenario, we can expect even 13-14k later!
Trade active:
now we can expect some red candles around 23800-24600
sell setups are more suitable here
Trade active:
another opportunity for bears
This idea is still my main perspective from BTCUSDT
just be careful if you're opening long positions
Comment:
I'm waiting for a confirmation, I'm not sure if the price is going to touch 24k or not
But I still believe in this scenario.
23700 could be another good entry for short
Comment:
well, 7.5%/20% is done
the price touched the liquidity area that I determined in the chart which is around 22277
If it doesn't respect this area, it can move to 20600 in a very short period of time
But in my opinion, there are more possibilities that the price will react to the liquidity zone.

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