BTC : Fakeout followed by a stop hunt : 1K candle next ?
I'm not gonna lie it's not looking good after yesterday's fakeout but I'm still not shorting here.
This PA is very interesting as I think it was a stop hunt and there is still a good support just under current price.
People who shorted the breakdown below 6520 are now in a very inconfortable position and will soon be forced to exit their trade.
BB are so tight right now I want my 1K candle ^^
This PA is very interesting as I think it was a stop hunt and there is still a good support just under current price.
People who shorted the breakdown below 6520 are now in a very inconfortable position and will soon be forced to exit their trade.
BB are so tight right now I want my 1K candle ^^
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Definitly need a bounce here
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So we did had our big candle. Wasn't short on BTC but succeeded to catch a short on ETH from 219 on mex.