Price can take out liquidity at PSY2, retest PSY1 then drop. This may be one of the biggest crypto crashes we've seen so far.
I would NOT recommend shorting any lower than this - currently we are bullish and on small timeframes you can see Large Market Participants absorbing sell orders.
I would NOT recommend shorting any lower than this - currently we are bullish and on small timeframes you can see Large Market Participants absorbing sell orders.
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*typo : take out liquidity at PSY1, retest PSY2 then drop.
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Update - closed long at Wave 3 with good profit, looking at buying Dip for Wave 4 and switching to BIG SHORT at wave 5
