BTC Daily review - Looks bearish

2022年8月12日

Yesterday we dropped a lot as I predicted. Congratz to those who opened shorts.

Right now the movement is likely to continue as we can see weakness of buyer on the chart.

Buyer has failed to update local 1h highs and develop impulse up after we broke trendline.

Currently we broke down support and trading below it, forming a base for an impulse down 📉

Target should be around 23300 as it is zone of people who started the movement up🚀

What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself

2022年8月12日

取消訂單

Most likely we will drop on US open