$BTC
A few hours later after my post, BTC pumped exactly from the 1D 50MA (check 1st screenshot). You're welcome.
Now looking at 4H tf, there's a red box (check 2nd screenshot) I've drawn for you. It’s a liquidity box or you can say, it’s a price magnet. It drags the price towards it. So, don't be shocked if BTC comes to this box. Actually, that healthy correction will be very good for the bulls. Please remember that it’s on lower timeframe. Higher timeframe wise, BTC is bullish till it hits 1D 100MA.
On 1H tf, BTC has created a bear flag (check third screenshot) which is bearish. So, I've drawn a path for you all to understand what I'm expecting in the coming times. Let's see what happens next.
#BTC #bearishmomentum
A few hours later after my post, BTC pumped exactly from the 1D 50MA (check 1st screenshot). You're welcome.
Now looking at 4H tf, there's a red box (check 2nd screenshot) I've drawn for you. It’s a liquidity box or you can say, it’s a price magnet. It drags the price towards it. So, don't be shocked if BTC comes to this box. Actually, that healthy correction will be very good for the bulls. Please remember that it’s on lower timeframe. Higher timeframe wise, BTC is bullish till it hits 1D 100MA.
On 1H tf, BTC has created a bear flag (check third screenshot) which is bearish. So, I've drawn a path for you all to understand what I'm expecting in the coming times. Let's see what happens next.
#BTC #bearishmomentum