Hello Dear Traders,
as u can see in chart current weekly candle is not looking good, its clearly showing heavy selling pressure in btc. in last post we discussed about bcoz of elon musk tweet btc pumped hard bt it was unable to cross last weekly candle high. once it touched last weekly high again sealing pressure increased and bears started to short btc at great price.
After 9 Months we are seeing a big wick on monthly candle, once monthly candle closes, i m expecting selling pressure will be increased just after closing.
in various ideas i discussed about 24000$ demand zone and after weekly and monthly closing it will trigger huge bearish sentiments all over the world.
after candle closing i will immediately post a analysis idea.
Please share ur views on monthly and weekly candle closing in comment box.
as u can see in chart current weekly candle is not looking good, its clearly showing heavy selling pressure in btc. in last post we discussed about bcoz of elon musk tweet btc pumped hard bt it was unable to cross last weekly candle high. once it touched last weekly high again sealing pressure increased and bears started to short btc at great price.
After 9 Months we are seeing a big wick on monthly candle, once monthly candle closes, i m expecting selling pressure will be increased just after closing.
in various ideas i discussed about 24000$ demand zone and after weekly and monthly closing it will trigger huge bearish sentiments all over the world.
after candle closing i will immediately post a analysis idea.
Please share ur views on monthly and weekly candle closing in comment box.