BITCOIN - Demand Line Re-test
Printed a lower wicked hammer candle upon piercing the demand trendline; showing buy pressure coming in.
But it has come straight back down and now hitting the demand trendline again.
So this is looking bearish.
If Bitcoin dumps there is no safe haven in any coin really; all will likely be affected.
But some with stronger charts may rebound well.
Things could get quite nasty if there is a dump through the demand line.
We saw a demand line dump last summer.
It could happen again 🤨.
Not advice
But it has come straight back down and now hitting the demand trendline again.
So this is looking bearish.
If Bitcoin dumps there is no safe haven in any coin really; all will likely be affected.
But some with stronger charts may rebound well.
Things could get quite nasty if there is a dump through the demand line.
We saw a demand line dump last summer.
It could happen again 🤨.
Not advice
Not
Last summer: Not
Yesterday Bitcoin rejected from the demand line; printing a bearish whipsawing Shooting Star candle.So far printing a bearish momentum candle.
Slipping down.
ETH looking strong here btw, but all other altcoins continuing to look dangerous.
TradingView have extended maximum video length so I may make a Bitcoin / crypto video here at some point.
Not
Down we go 😼.Not
Everyone likes to write their own reviews but this was a very accurate dump call on Bitcoin and probably much better than the general dross of TradingView.Dont be shy; hit the BOOST if you agree ✨.
Not
1 hour crypto video: 
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.