mycotoxin

BTC- Why the high volume bearish candle is important

mycotoxin 已更新   
INDEX:BTCUSD   比特币
Because this is how we can see what the whales are up to .
In this case the whales used them to set the resistance markers
and pushed price below these areas . This was explained in the graph below .

Ok so why is this important now ?
Because we are back to a similar situation and we dont want to fall for the same setup twice ? Ill explain below so give me a sec ..
评论:
The current setup shows the whales have left two high volume bearish candles to the right of the chart these candles correspond to 35839 and 31645.

so we know the whales are going to try to block movement upwards at these areas and everytime BTC is unable to move past them they will push the price lower
评论:
This also means if BTC is unable to close above 31645 it can move down for a double bottom and try to move past the two candles 35839 and 31645. if BTC is unable to accomplish this then the whales will push it lower to 24K
评论:
Note: I just figured out this high volume bearish candle business a few weeks ago so bear with me if it does not go as expected
评论:
......now we wait and see what happens at 31645
评论:
...could end up doing something like this

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。