Avatar1964

We are not going anywhere up

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BITMEX:XBTUSD.P   Bitcoin
The market is still in a downtrend and I simply cannot believe how many times TradinView users say this is best time to go long. Short the golden area and above because pseudo intelectual boyz might pump it in bielief that we are going straight to 20k. This will be another failed breakout attempt if it happens (we might go down from now I am waiting to short in golden area or below the green support line. Those candlesticks show that there is abolutely no strenght to push it higher and every attempt to break downtrend line and consolidation is likely to be a failed one.
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