Recently btc dropped violently, A move that caught many by surprise. As expected, that was a major sign of weakness for a larger distribution.
Price is being held in consolidation to create uncertainities among traders and also to accumulate orders for a mini long position. We can expect longs as we head into next week after the spring action.
This position would provide a reasonable RR and a good way to increase account balance.
Price is being held in consolidation to create uncertainities among traders and also to accumulate orders for a mini long position. We can expect longs as we head into next week after the spring action.
This position would provide a reasonable RR and a good way to increase account balance.