pcmonk

Retracing A Month UpSide Rally In 2 Days ! Top Longers in shambl

Short
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Unfortunately Today I couldnt upload a video , it kept failing ONLY on this platform!

Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation

After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right

We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there.

If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell.

On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern

Liquidity to upside around 22.8 is 4M around 23.7 is 11M

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