Panjang

$BTC 4H (locally)

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BTC 4H (locally)

Overnight again drained "out of nowhere", as it has become a tradition of the last month.

An ascending wedge is forming on 4H - a shorting pattern, confirmed by a breakdown of the lower boundary. However, this has been done many times before, and there was a deception: the market makes a shorting moove and sharply turns around.

They can repeat the same scenario or just knock out stops and fly upwards. Obvious figure = obvious stops, and above is a cluster of shorts.

Penafian

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