- As liquidation areas are visited, price drops back down, retraces back up just to fill the price imbalance before continuing to for a new low.
- The latest price action is similar to the previous, and there is a very good likelihood that the Bitcoin price will create another major new low
- Also take note of the fake out in the ascending channel to trap traders into placing long positions. The fake out was also able to trigger stop losses from short positions.
Let me know what you guys think and comment below.
- The latest price action is similar to the previous, and there is a very good likelihood that the Bitcoin price will create another major new low
- Also take note of the fake out in the ascending channel to trap traders into placing long positions. The fake out was also able to trigger stop losses from short positions.
Let me know what you guys think and comment below.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。