#BTC Come on, updated.
In the first hour of the chart, k has completely fallen below SSL, and the seller's liquidity accumulated over many days has been successfully recovered. But from the perspective of K on Figure 2, unfortunately, the daily death line I constructed did not fall below. Although it is close at hand, if it has not been broken, it has not been broken, so the big plunge I expected cannot be fully confirmed.
In the next few hours, I hope that Panzi can continue its downward trend, expanding from an hourly decline to a daily decline, with the target below the annual POC.
If the downward trend cannot be further extended, then it is necessary to observe whether the trend is moving toward small-level stabilization. If stabilization occurs, then there is a potential small-level bounce here that will hunt the bears upward.
So if you miss the short profit of this wave of decline, it doesn't matter, don't regret it, continue to wait for the next opportunity. I will open a position as soon as the opportunity arises and tweet it as soon as possible, so stay tuned.
In the first hour of the chart, k has completely fallen below SSL, and the seller's liquidity accumulated over many days has been successfully recovered. But from the perspective of K on Figure 2, unfortunately, the daily death line I constructed did not fall below. Although it is close at hand, if it has not been broken, it has not been broken, so the big plunge I expected cannot be fully confirmed.
In the next few hours, I hope that Panzi can continue its downward trend, expanding from an hourly decline to a daily decline, with the target below the annual POC.
If the downward trend cannot be further extended, then it is necessary to observe whether the trend is moving toward small-level stabilization. If stabilization occurs, then there is a potential small-level bounce here that will hunt the bears upward.
So if you miss the short profit of this wave of decline, it doesn't matter, don't regret it, continue to wait for the next opportunity. I will open a position as soon as the opportunity arises and tweet it as soon as possible, so stay tuned.