OUTSIDERTRADER

The BIG M on TOP

INDEX:BTCUSD   Bitcoin
It is a very Unique Pattern Formation on BTC this year... But I always like to think against the consensus.

Take a look at volume for a while, can you see any sign of power in this last Dump ?

Looks like there are just a few traders Selling, maybe the ones that bought in last Pump.

So I am all my eyes in This Support now.

As I understand this speculation game:

Buyers are now Thinking: - Why should I Buy Here at this point if Sellers can sell me cheaper ?
But Sellers are starting to think: - I am selling but no too much..

If BTC shows any sign of power for Pump, the game changes for:

Buyers: - Alright, this point is maybe a good point for entry..
Sellers: - Oh well, Some buyers there, I am going to stop selling my pennies..

I still want to buy deeper, but this may change, just like everybody in There...

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.