🤷 Volume was increasing, while Price was decreasing. This shows that Effort was greater than the Result. In other words, increasing Demand did not increase Price, therefore a further drop may follow as Supply is still overwhelming buyers.
💔 Sign of Weakness "in progress" with price trying to regain $8,600-ish (Bottom of Trading Range).
⚠️ This is not confirmed yet! Needs strong Bear Volume spike and price to drop below $8,500.
🚨 I am NOT shorting this, for information purposes only. I'm looking to accumulate Bitcoin when it finds a bottom. (Stop Loss would be above Last Point of Supply... $9,000-ish)
💔 Sign of Weakness "in progress" with price trying to regain $8,600-ish (Bottom of Trading Range).
⚠️ This is not confirmed yet! Needs strong Bear Volume spike and price to drop below $8,500.
🚨 I am NOT shorting this, for information purposes only. I'm looking to accumulate Bitcoin when it finds a bottom. (Stop Loss would be above Last Point of Supply... $9,000-ish)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.