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if u guys checked my previous Analytics (the weekly chart for BTC) ... u gonna find a head and shoulders pattern that gives us a Red Flag for a big Drop ..... And for getting a proffit from this drop we need to focus in an earlier and safe entry with the rule of StopLoss (1/2)Target ... for that we will analyse the 4h Chart .... As we can see there is a downtrend Channel and the Volume profile is showing us that price is under the POC (point of control) wich gives us a signal for a bearish Market and that's confirm the Weekly Chart .... So we gonna wait untill the breakdown of the last Lower Top then we gonna short immediatly for a midterm target (20K$-22k$)
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if u guys checked my previous Analytics (the weekly chart for BTC) ... u gonna find a head and shoulders pattern that gives us a Red Flag for a big Drop ..... And for getting a proffit from this drop we need to focus in an earlier and safe entry with the rule of StopLoss (1/2)Target ... for that we will analyse the 4h Chart .... As we can see there is a downtrend Channel and the Volume profile is showing us that price is under the POC (point of control) wich gives us a signal for a bearish Market and that's confirm the Weekly Chart .... So we gonna wait untill the breakdown of the last Lower Top then we gonna short immediatly for a midterm target (20K$-22k$)
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Comment:
i m was going to say "o we gonna wait untill the breakdown of the last Lower Bottom" not "we gonna wait untill the breakdown of the last Lower Top" Sorry for that
