Hi All,
The 2 charts saying it all.
I give it a 70% chance its aligned with this formation.
Note the macro trend coming into it and hence the trend is likely to follow.
At times, it can be the opposite. However with the Net flow of BTC to exchanges increasing in the past week, this suggests more selloff's taking place.
This does not rule out the last effort is a short squeeze move.
All the best,
S.SAari
The 2 charts saying it all.
I give it a 70% chance its aligned with this formation.
Note the macro trend coming into it and hence the trend is likely to follow.
At times, it can be the opposite. However with the Net flow of BTC to exchanges increasing in the past week, this suggests more selloff's taking place.
This does not rule out the last effort is a short squeeze move.
All the best,
S.SAari
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.