Has the big correction started? or cheating again?
Hello dear friends, I am going to describe this trading one for those who trade by private analysis.
But I decided to share these thoughts with you here.
Please read this to the very end.
At first:
According to my observations, the way the market is being conducted now is the first sign of a market reversal.
And the price will be updated to levels such as 36500 - 34800 -32,000 - 27000.
I'm not saying that it will be right away, that it will be for one candle on a 5-minute TF - No, I only write what the market gives. It is at this stage - for me now this scenario is more priority than updating 48000-50000.
I do not want to mislead anyone, and give hope to "sell everything" - again no.
I say what I see now. Now about the specifics - If the price is closed today below the level of 38000-38450, it is definitely a short position, because with this fall we close all the previous growth.
Look - today many traders on all platforms shouted that bitcoin flies to the moon (at 45000-50000-55000)
We, on the contrary, took the shorts, and what happened in the end ... the result is visible.
Now one more thing, the price was lowered to such values, at which stop losses were destroyed - experienced traders. (the margin of the bitcoin price is about 2800-2900 points)
the price on the impulse was broken through and returned back to the level where our first take profit was.
Therefore, be very attentive, if the price of bitcoins is led beyond the level 39350-39950 - they will trade there for more than 2 hours, or there will be an impulsive closing of this level - definitely a long position for updating 42000-45000-50,000 and 55000 (I will write as all ahahaah)
But I expect a fall further, without any price adjustment, but just each level is a small return, and a fall is a small return, a stop and a fall ... you can't just give the opportunity not to take money away from the longists, if at one time, they have money - you need to do everything slowly and accurately, without strong impulses, with the hope that the price will be restored.
But I decided to share these thoughts with you here.
Please read this to the very end.
At first:
According to my observations, the way the market is being conducted now is the first sign of a market reversal.
And the price will be updated to levels such as 36500 - 34800 -32,000 - 27000.
I'm not saying that it will be right away, that it will be for one candle on a 5-minute TF - No, I only write what the market gives. It is at this stage - for me now this scenario is more priority than updating 48000-50000.
I do not want to mislead anyone, and give hope to "sell everything" - again no.
I say what I see now. Now about the specifics - If the price is closed today below the level of 38000-38450, it is definitely a short position, because with this fall we close all the previous growth.
Look - today many traders on all platforms shouted that bitcoin flies to the moon (at 45000-50000-55000)
We, on the contrary, took the shorts, and what happened in the end ... the result is visible.
Now one more thing, the price was lowered to such values, at which stop losses were destroyed - experienced traders. (the margin of the bitcoin price is about 2800-2900 points)
the price on the impulse was broken through and returned back to the level where our first take profit was.
Therefore, be very attentive, if the price of bitcoins is led beyond the level 39350-39950 - they will trade there for more than 2 hours, or there will be an impulsive closing of this level - definitely a long position for updating 42000-45000-50,000 and 55000 (I will write as all ahahaah)
But I expect a fall further, without any price adjustment, but just each level is a small return, and a fall is a small return, a stop and a fall ... you can't just give the opportunity not to take money away from the longists, if at one time, they have money - you need to do everything slowly and accurately, without strong impulses, with the hope that the price will be restored.
