In light of what has happened. Fear has already taken over. Now only Jesus!!!!!!
Post
Ualifi Araújo
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#BTC
We made 6 strong attempts (4h) to break the $79.1K region, however, it FAILED again and as I mentioned before...the price is now looking to go lower.
This green range on the chart is where the price should stop again, at some point we may see a liquidity candle going below the weekly open just to activate those orders there.
Be that as it may, this region should serve again as support...
No one taking their medication on time will believe that this price action is natural, it becomes evident that the price is being reduced surgically, but there's no way to do that indefinitely, this situation is like someone holding a ball underwater: The more force applied to keep it pressed down, the more violent the upward movement when released.
The levels are very clear for both sides, the green range is where the BULLS will need to defend at all costs, and the BEARS are still comfortable in the orange range around $80K.
We made 6 strong attempts (4h) to break the $79.1K region, however, it FAILED again and as I mentioned before...the price is now looking to go lower.
This green range on the chart is where the price should stop again, at some point we may see a liquidity candle going below the weekly open just to activate those orders there.
Be that as it may, this region should serve again as support...
No one taking their medication on time will believe that this price action is natural, it becomes evident that the price is being reduced surgically, but there's no way to do that indefinitely, this situation is like someone holding a ball underwater: The more force applied to keep it pressed down, the more violent the upward movement when released.
The levels are very clear for both sides, the green range is where the BULLS will need to defend at all costs, and the BEARS are still comfortable in the orange range around $80K.
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