This is not a new
BTCUSD
idea. This is just a cleaned up version of the idea I originally posted July 6, a week before my entry (31.85k) was hit.
The original chart was hastily put together, as I was in the middle of moving and just didn't have the time to properly clean up my TA, so that it makes sense to someone other than myself.
Why am I bearish?
1. High liquidity levels to attract BTC price like magnets.
2. Bearish divergence on stochastic
3. Market imbalances from 15k - 31.8k that need to be taken out.
Hope this chart is easier to understand, but feel free to shoot me Qs.
The original chart was hastily put together, as I was in the middle of moving and just didn't have the time to properly clean up my TA, so that it makes sense to someone other than myself.
Why am I bearish?
1. High liquidity levels to attract BTC price like magnets.
2. Bearish divergence on stochastic
3. Market imbalances from 15k - 31.8k that need to be taken out.
Hope this chart is easier to understand, but feel free to shoot me Qs.
Kommentar:
Cypher FTW. Who traded this?