shell0

Simple trend analysis

shell0 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
For the ones who are still wondering the bullrun is definitely paused for now, after 3 black correction candles, we can go down to 27k potentially and that would be good as it is the reaction zone that will trigger the buyers who want to enter the market. Tomorrow should be green and i expect that we go up again to the 35k range, 42k possibly in the next few days as there is a huge amount of liquidity there and im quiet surprised that we didn't go there yet.

Im not a buyer nor a seller at this time.

If you want to exit the market just forget to do it now, wait until we bounce back at least to the 40k zone, there is no sense to exit the market after a 50% drop or more even if you had to wait for months or years.
Comment:
We get the rebound, now its time to recover and go back to the mid range 35-36k after a bloody week.

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