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CScalp_EN
Apr 16, 2024 3:27 PM

SHORT #BCHUSDT Short

Bitcoin Cash / TetherUS PERPETUAL CONTRACTBinance

Description

SHORT #BCHUSDT from $466.32

15m TF. The instrument has formed a descending structure in the form of a triangle, lowering the passing volume and price highs along the trend line, which indicates the weakness of buyers and the strength of sellers. The price is being squeezed towards a cluster of support levels with several touches, behind which unrealized liquidity has accumulated.
I will consider trading near the cascade and an impulse breakdown on the activity in the glass.

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