MikybullCrypto

Educational content
ENGULFING CANDLE
Engulfing Candles, due to their distinct characteristics, provide potential reversal signals for traders

  Q4 Notable price action
I noticed a breakdown happening on the 22nd September, 22nd November and similar occurrence on December 22 but this time failed to take out the LL or demand.
This brings me to an important question was 15500$ the yearly low?

Spotting an ascending triangle on
Will it lead   in the next move?

There are several large buy orders for Ethereum at various price points:
✅$11 million worth of orders at $1,240
✅$9 million worth of orders at $1,230
✅$6 million worth of orders at $1,220

This is best time to accumulate and don’t sell your $btc during the end of bear market.
Follow us and gain an edge over the market.

For the past 3 hours, someone(s) just bought ~$4B worth of $BTC futures in market orders, and $87M short positions liquidated across all exchanges.

🔸The Perpetual and Spot Bitcoin markets are diverging again. It appears that Spot traders are selling and taking profits, while Perpetual traders are holding onto their positions
Follow us and gain an edge over the market

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