BTC / USDT
hi guys last analysis we talked about( Breakout of trendline but because news )now thinking about that ...This could be a fake breakout ! 🤔
Lets talk about Bearish signs thats start to appear strongly in daily frame
1- Fake Breakout ?
The green Breakout candel yesterday is completely lost (may be a fake breakout or manipulation or bull trap by market makers )
2- Daily closing below trendline :
The price actually closed daily again below trendline with very bad daily candel closing
3- Dumpy month
February in past was a dumpy month for BTC you can check history (alot of strong dumps occurred)
4- News:
Remember John McAfee in 2017 every teweet he did the price was pump hard after...elon musk just replaced him 2021 ... history repat itself with different characters
5- FOMO :
newbies started to fomo about BTC after that "Breakout"
🚨The BTC can be bullish again if only bullish signs started to appear like
daily candel closing above trendline or weekly candel close above 37k
Otherwise for now the Bearish signs are strongly higher ...
🕵️This is just idea and i need you to be ready for any secnario... this idea like any other could be right or wrong.. we trade what we see not what we want to happen ..we adapt with chart, not with what we think
Weekly + monthly candel tomorrow is very important to see 👀
Share your opinion below and don't forget likes and share with friends
Best wishes
hi guys last analysis we talked about( Breakout of trendline but because news )now thinking about that ...This could be a fake breakout ! 🤔
Lets talk about Bearish signs thats start to appear strongly in daily frame
1- Fake Breakout ?
The green Breakout candel yesterday is completely lost (may be a fake breakout or manipulation or bull trap by market makers )
2- Daily closing below trendline :
The price actually closed daily again below trendline with very bad daily candel closing
3- Dumpy month
February in past was a dumpy month for BTC you can check history (alot of strong dumps occurred)
4- News:
Remember John McAfee in 2017 every teweet he did the price was pump hard after...elon musk just replaced him 2021 ... history repat itself with different characters
5- FOMO :
newbies started to fomo about BTC after that "Breakout"
🚨The BTC can be bullish again if only bullish signs started to appear like
daily candel closing above trendline or weekly candel close above 37k
Otherwise for now the Bearish signs are strongly higher ...
🕵️This is just idea and i need you to be ready for any secnario... this idea like any other could be right or wrong.. we trade what we see not what we want to happen ..we adapt with chart, not with what we think
Weekly + monthly candel tomorrow is very important to see 👀
Share your opinion below and don't forget likes and share with friends
Best wishes
Comment:
About Altcoins ..whatever the way BTC choose we still can trade alts in any consolation phase ...the price doest drop or pump in straight line
