PRICE ACTION BROKEOUT TO THE DOWNSIDE FROM STRONG UPPER TREND 5 DAYS AGO!
VOLUME IS LOW BUT INCREASING LATELY!
THIS LITERALLY MEANS THAT THERE ARE MORE SELLERS THAN BUYERS IF PRICE ACTION IS GOING DOWN. WHICH IS FOR 3 DAYS IN A ROW!
ONE CAN EASILY EXPECT PRICE CAN GO LOWER IF BTCUSD CLOSE COUPLE CANDLESTICK BELOW 44K USD AREA.
PRICE ACTION CAN EXPERIENCE SOME RESISTANCE @ 40.7K, 38.2K, 36.8K, 34.5K AREAS.
IF PRICE ACTION KEEPS GOING DOWN WITH GOOD VOLUME BTCUSD CAN CONSOLIDATE AROUND 30K USD AREA.
IM HIGHLY SHORT ON CRYPTO MARKETS AS A WHOLE SINCE WE EXPERIENCED MARKET CAP INCREASE OVER %100 IN JUST 2.5 MONTHS!
THAT IS CRAZY AND IN NEED OF CONSOLIDATION IF NOT CORRECTION!
VOLUME IS LOW BUT INCREASING LATELY!
THIS LITERALLY MEANS THAT THERE ARE MORE SELLERS THAN BUYERS IF PRICE ACTION IS GOING DOWN. WHICH IS FOR 3 DAYS IN A ROW!
ONE CAN EASILY EXPECT PRICE CAN GO LOWER IF BTCUSD CLOSE COUPLE CANDLESTICK BELOW 44K USD AREA.
PRICE ACTION CAN EXPERIENCE SOME RESISTANCE @ 40.7K, 38.2K, 36.8K, 34.5K AREAS.
IF PRICE ACTION KEEPS GOING DOWN WITH GOOD VOLUME BTCUSD CAN CONSOLIDATE AROUND 30K USD AREA.
IM HIGHLY SHORT ON CRYPTO MARKETS AS A WHOLE SINCE WE EXPERIENCED MARKET CAP INCREASE OVER %100 IN JUST 2.5 MONTHS!
THAT IS CRAZY AND IN NEED OF CONSOLIDATION IF NOT CORRECTION!
