🚨🚨🚨$BTC is ready to dump to $51K? Here is why?
We are repeating from yesterday BTC will range and create liquidity at lower levels and then it will dump to grab this liquidity . Here is BTC upcoming move with authentic reason . Assure to read full post .
We analysed today chart on two time frame. One is 15m and second one is 1H. First look on 15m chart. In this chart #BTC☀ is forming ascending triangle and it has breakdown . Indicating a downtrend. Due to low volume on weekend market maker will manipulate market by giving us a wick UpTo $60K area and then dump. As third party website indicating 200M+ liquidity around 60,200 so we can expect a wick till there and then dump to $55,300 area.
Now let's look on 1H TF chart. 1H TF chart also #BEARISH📉 and still under invalidation point. We will become Bullish once 1D close above invalidation point untill we are bearish and will wait for $55K. Old followers now what we are going to do next but for new readers we will repeat 🔁 again:
1. Buy with 40% at 57,500
2. Buy with 40% more at $55,300.
3. Buy with remaining 20% at 51,300 region.
It is what we are planning to do next. our first entry has already filled. So, we will wait for 2nd entry only. For new readers we mentioned 1st entry again. Do your own research before investing. Here are some more reason why we expecting dump:
1. Little pump + consolidation . Retailer traped liquidity created low market will move lower.
2. Maximum people seeking pump from here. Market will perform opposite .
3. #ETFvsBTC sold BTC yesterday .
4. $400M+ liquidity present at 55K zone.
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