TradingView
cryptokulai
Oct 24, 2021 3:55 PM

Bitcoin Short to Middle term trend idea Short

Bitcoin / TetherUSBinance

Description

Hello. Hope you're in a good trading progress.

For short term, intraday trading - bitcoin may have weakness on coming days.

Volume towards the new ATH is not supported.
-Insider buying? Maybe not. They are good setting bull / bear traps.
-Those high leveraged trades by retail traders gonna be wash out.

Now, looking into weekly trends, Bitcoin maybe supported at level of 57k or 54k.
-Those high volume at price at those level should be a good level for the price to retrace before continue to more bullish November.

After all, trade with cautions.
Any FUD news maybe be out in 3 to 4 days from now.
These news are just to flush those weak hands.

Stay strong my friends. We got this!

#tothemoon
More