If you saw my posts yesterday you'll see that the first candle wick stabbing through resistance & failing to close above was a reversal sign for me. We consolidated for a bit before forming a double top and then price fell to marked support. Now that we're sitting at that 8370 level I'm not seeing anything to tell me that we're in a rush to go back up. Don't be surprised to see price fall to the next support level of 8277.
As I've said before; be careful taking longs while BTC looks bearish. Check the bigger time frames and come to your own directional bias before you start to play on the smaller time frames.
Feel free to share your opinions, I'm always open to others ideas. We're all here to learn.
@cryptoisascam
As I've said before; be careful taking longs while BTC looks bearish. Check the bigger time frames and come to your own directional bias before you start to play on the smaller time frames.
Feel free to share your opinions, I'm always open to others ideas. We're all here to learn.
@cryptoisascam