11 October price broke down triangle with huge Volume — that was a signal that big players has interest in Bitcoin price decreasing, Because they will be able to buy it far cheaper.
The main reason why I think there will be down move is:
1) Most of the times price make 2 or 3 Waves move.
2) At the moment when price broke down triangle the biggest volume was at the moment of channel breaking. We could speak about long only, if the bigger volume was at the loves point, only such thing could be a signal that Market Makers hold the price, but we didn't see it.
Near $6410 — $6518 we TECHNICALLY can open a Short, goal $6120 and $5815.
In the future That best place for a long will be near key level $5800
P.S. Push Like and Subscribe if you want to see more signals in the future
The main reason why I think there will be down move is:
1) Most of the times price make 2 or 3 Waves move.
2) At the moment when price broke down triangle the biggest volume was at the moment of channel breaking. We could speak about long only, if the bigger volume was at the loves point, only such thing could be a signal that Market Makers hold the price, but we didn't see it.
Near $6410 — $6518 we TECHNICALLY can open a Short, goal $6120 and $5815.
In the future That best place for a long will be near key level $5800
P.S. Push Like and Subscribe if you want to see more signals in the future
Trade closed: stop reached
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