Bitcoin
Panjang

BITCOIN - Falling Channel

29
20 SMA - Blue
200 SMA - Pink

Yes, I got this from Coin Telegraph:
I was monitoring the selling pressure and the new falling trend; Coin Telegraph recently posted the news regarding the liquidity sweep. They claim it's done. (Be Aware!)

The report gave me the necessary confirmation I was looking for in terms of structure.
For now, let's just monitor the falling channel carefully on 8 HRS to see how far price is respective.

IT IS MY FAVOURITE INDICATION OF A POSSIBLE REVERSAL ON THE HORIZON
[Please go and study this pattern carefully for intraday entries]

BE AWARE!! - Further decline is always possible.

In case of a successful breakout:

TP : 61000

Penafian

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