$BTC


Probably seen it already, but this is looking like an inevitable next move.
Two ranges, both broken to the downside. Each one acting as a lower high within a clean descending structure.
With price broken the ascending channel on the 4H and sitting around 66K with nothing but stacked liquidation clusters below - dense pockets at 64K, 62K, and all the way down to 54K.
The structure doesn't lie. Lower highs, lower lows.
Until that changes, this is still a downtrend.
BTC-0,7%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin