The moment we have all been waiting for to take a short position in BTC!
Supply zones....Entry Short Opportunities
T1 7388-7475
T2 7624-7695
T3 8083-8178
Support-
support is a price level where a downtrend can be expected to pause due to a concentration of demand.
As the price of a security drops, demand for the shares increases, thus forming the support line.
Trend line-
A downtrend, which is a series of lower highs and lower lows
Chart pattern-
descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern.
There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.
price action-
Identified where Banks and Institutions were buying
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The moment we have all been waiting for to take a short position in BTC!
Supply zones....Entry Short Opportunities
T1 7388-7475
T2 7624-7695
T3 8083-8178
Support-
support is a price level where a downtrend can be expected to pause due to a concentration of demand.
As the price of a security drops, demand for the shares increases, thus forming the support line.
Trend line-
A downtrend, which is a series of lower highs and lower lows
Chart pattern-
descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern.
There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.
price action-
Identified where Banks and Institutions were buying