BTCUSDT candlestick pattern PPR
BTC continues to consolidate.
Despite this, the scenario has not changed.
Bitcoin - a classic false breakdown occurred on H4, during which a PPR candlestick pattern formed.
Recently, manipulations and inorganic movements of the crypto market have increasingly come to the eye.
Now we have a clear resistance zone and a clear support level.
BTC also dropped out of the uplink. The movement, which was accompanied by a helicopter, was not obvious enough. This happens and it's normal.
It is permissible to open shorts with current ones with a stop above 10.000, but such an entry point will be with increased risk. The second option is to wait for a false breakdown and open a short on it. The third option is to enter the short when exiting the wedge and the breakdown of support. The last two entry points will be more reliable, it is better to wait.
Cancellation of the short scenario will be a sure breakdown of the wedge up.
Despite this, the scenario has not changed.
Bitcoin - a classic false breakdown occurred on H4, during which a PPR candlestick pattern formed.
Recently, manipulations and inorganic movements of the crypto market have increasingly come to the eye.
Now we have a clear resistance zone and a clear support level.
BTC also dropped out of the uplink. The movement, which was accompanied by a helicopter, was not obvious enough. This happens and it's normal.
It is permissible to open shorts with current ones with a stop above 10.000, but such an entry point will be with increased risk. The second option is to wait for a false breakdown and open a short on it. The third option is to enter the short when exiting the wedge and the breakdown of support. The last two entry points will be more reliable, it is better to wait.
Cancellation of the short scenario will be a sure breakdown of the wedge up.
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