BOLLINGER BANDS reads DANGER

View the red square pointing out in the bollinger bands movement. Blue contraction is a Bearish smartMoney contraction.

I’ve added a red horizontal line from Square to square to point out within the same method from me possible fall

There is liquidity around the 48K zone. Contractions are created by millionaires. When created, it’s an indication of a fall or an up move.

There is a volatility contraction within the contraction aiming for a dip.

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Adding previous idea linking to this idea in accordance

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Both ideas curve into a double top pattern. View history, Bollinger bands most recent ideas from yesterday and today..

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Duplicate idea to Bearish madness. Pivots forming a possible double top,

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Forming a possible M pattern according to history, despite from little data, I provided

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For those who have not entered the trade, this is where we learn to discipline ourselves from entering, even though it shows momentum. Man will still enter the trade. I understand it’s a financial decision choice you have made. We will just play it along as it goes and find its results soon.

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Retail traders show exiting the trade on a 30 minute timeframe while Smart money is adding more value to bitcoin it’s natural for a spike.

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Sell signal was at 12:00pm pt at $48,174.

The_ForexX_Mindset

"You hear the wind, but where does it go?"

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.

The_ForexX_Mindset

"You hear the wind, but where does it go?"