MagnumGrizzly

a glimpse of a smaller time frame

MagnumGrizzly Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
In less than an hour, the US consumer price index will be released. In my opinion, this statistic can indicate the next price trend.
In the daily time frame, it is more than 80 days that the price below the supply area of the weekly time frame has formed a distribution-like structure.
now here the weakness of the price is quite evident. There is a possibility that the specified area will be engulfed in order to obtain liquidity.
Comment:
It is strongly recommended that stay away from the market, And be careful with your open positions.
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