BTC - Strong price momentum down
Hello, friends.
I am replacing your chief analyst on the crypto youth channel.
My name pvvcryptorade
Please, all of you, treat this analysis with understanding, as well as observe the risk management in positions.
I expect the bitcoin price to drop from the level of 38800-38900, in this range, I will open a short position, and also write to you about it.
My analysis for this position is that the price is going down a lot, because there are facts that I rely on.
-Volume
-Waves
- Candlestick analysis
-Marketmaker levels
- Cluster analysis
-news
It is more logical for me now to short this market, because we are near a very important market maker level, the resistance level that I indicated in the range of the gray rectangle.
The second factor is news
Most traders expect this level to be broken, as well as an update of 40-42 thousand.
The ratio of short to long positions is 24/76
This is the first sign that the majority believe in growth and they will be punished.
Waves - we are on the 5th wave of growth, after which I expect a strong decrease in the correction a b c
Cluster analysis - sales, market delta indicates a strong seller. Many may disagree and say the opposite, but I ask you to take into account the volume and other exchanges and not on one.
Candle analy
False exit of the price, and a sharp return of the price to the level of the market maker 38750
I have tried to describe everything to you. I hope I assessed the situation correctly
I assume that the correction will be to such levels 37150 - 36250 - 35500
I am replacing your chief analyst on the crypto youth channel.
My name pvvcryptorade
Please, all of you, treat this analysis with understanding, as well as observe the risk management in positions.
I expect the bitcoin price to drop from the level of 38800-38900, in this range, I will open a short position, and also write to you about it.
My analysis for this position is that the price is going down a lot, because there are facts that I rely on.
-Volume
-Waves
- Candlestick analysis
-Marketmaker levels
- Cluster analysis
-news
It is more logical for me now to short this market, because we are near a very important market maker level, the resistance level that I indicated in the range of the gray rectangle.
The second factor is news
Most traders expect this level to be broken, as well as an update of 40-42 thousand.
The ratio of short to long positions is 24/76
This is the first sign that the majority believe in growth and they will be punished.
Waves - we are on the 5th wave of growth, after which I expect a strong decrease in the correction a b c
Cluster analysis - sales, market delta indicates a strong seller. Many may disagree and say the opposite, but I ask you to take into account the volume and other exchanges and not on one.
Candle analy
False exit of the price, and a sharp return of the price to the level of the market maker 38750
I have tried to describe everything to you. I hope I assessed the situation correctly
I assume that the correction will be to such levels 37150 - 36250 - 35500
Aviso legal
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