I analyze this pattern till April fall and saw that whenever this happens BTC face a slap of 20% to 30%.
This is in progress and the 25% slash get it directly into the order block where huge orders are waiting.
Also after every ATH the chinese new year is not good for BTC .
This is in progress and the 25% slash get it directly into the order block where huge orders are waiting.
Also after every ATH the chinese new year is not good for BTC .
Note
Breakout hell no!!! The trendline which BTC trying to break since ATH is this.Note
You can follow the fib levels placed for bearish order block
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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.