BTC has just retested the 4h triangle. If the breakout is valid the drop may be over... Big buy volume appeared at the bottom of the last candle too. To see the volume you will have to look at a small timeframe. Hope I am right... Good profits to all..
Yorum:
I believe that if BTC falls from here, it will be to retest the triangle. BTC supply is becoming more stretched with time, whales have already gotten the liquidations they wanted from the run to 47.5k in April. Maybe a little more they can get which will be to retest the triangle. The problem they face is if a drop is worth it and the maths do not add up. Keep safe, do not risk it with high leverages, and hodl..
Yorum:
... it tested the bottom of the triangle. There is big support there, a lot of volumes were sold/bought at the bottom, this is a good sign.