nagihatoum

BTC Diamond Reversal and 3 drive pattern

Singkat
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COINBASE:BTCUSD   Bitcoin
Doesn't look bullish. Now at support of the gann fan line. Broke back into the range, retested 60.8k resistance and was rejected. The deviation over the 60k resistance is technically a fakeout over key level or a UTAD of a Wykoff distribution range. Further downside is now possible.
Komen:
Reached the bottom of the range in less than 3 hours. 1 billion longs liquidated. This I consider predatory price action, meant to liquidate retail., especially since they broke out of range and made ATH which are very bullish in themselves.

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