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UnknownUnicorn15614419
Jan 20, 2022 9:28 AM

TS ❕ BTCUSD: price is accumulated Short

Bitcoin / U.S. dollarBitstamp

Description

The coin continues to accumulate in the range of 40964.75 - 43480.15, thereby bringing itself closer to a further fall every day.

SELL scenario: The upper limit of accumulation level 43480.15 acts as a good entry point for selling. The target in this case will be the level of 40964.75, but we can expect a deeper fall towards 38000. In general, the price area 43480.15 - 45773.20 is a resistance from which one should look for short.

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Comments
TradePlus-Fx
Bearish, I think there is short too
Mihai_Iacob
I m bearish on medium term, now i think it will bounce though
UnknownUnicorn33462838
Which TF do you use?
RyderJ
@Only_Gold, That is a 4h chart.
UnknownUnicorn15614419
What can you say about this idea?
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