bitcharger

BINANCE: BTC/USDT (ACCUMULATION ?)

Long
bitcharger Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT
21.07.2021
Best Case scenario:
finally 30k broken and daily closed below. now 27.5k is a good level to see "Spring" from Wyckoff accumulation.
for spring we need good bounce from that level with good volume above MA. I'll take the risk to buy a part at 27.5k. another thing is we have to see price reclaims 31100 in daily tf.
Worse case scenario:
losing 27-27.5k zone will cause more down and bull cycle will be over and next bull run will start after price hitting even lower than 20k (15.5k is the price-will explain the reason next post)
Trade closed: target reached:
Accumulation it is ;)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.