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Malik Israr Ahmad
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I m not bearish further more at all.
#BTC
will make Reversal soon.
NFA
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#BTC has following Qualities. 😉 #BTC is Hedge against inflation. 😉 #BTC is Hope for poor. 😊 #BTC has limited supply against Gold. 😉 #BTC is not traceable line Fiat. 😉 BTC tradeable without third party involvement. 😊 BTC is freedom for retailers without Greed.
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Volume is coming! Whales are taking Entries in various Alts. NFA
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Keep shorting! Liquidity for shorters has been established partly. lil bit more dump is expected. NFA
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#BTC 4Ĥ Update: According to the technical analysis rules,#BTC is very near to its bottom on 4H. A strong Reversal is Probable soon! On Charts I have observed a formation of bullish Divergence,which is a strong Reversal signature. #BTC has formed lower low clearly. NFA
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🔥 WHAT IS HANGING MAN ???? The Hanging Man candlestick is a bearish reversal candlestick pattern that forms at the top of an uptrend or in a bullish market. It's a single candle that signals a potential reversal to the downside. Here are the key characteristics of a Hanging Man candle: 1. Forms at the top of an uptrend or in a bullish market. 2. Has a small real body (the area between the open and close prices). 3. Has a long upper shadow (the area between the high price and the real body). 4. The upper shadow is at least twice the length of the real body. 5. The color of the Hanging Man can be either green or red, but the bearish reversal implications are the same. The Hanging Man candle indicates that: 1. Buyers pushed prices higher, but sellers took control and pushed prices back down. 2. There's a strong supply of the asset at the current price level. 3. A potential reversal to the downside is likely. Traders often use the Hanging Man candle as a sell signal or a warning sign that the uptrend might be losing momentum. It's important to combine the Hanging Man with other technical indicators or chart patterns to confirm the reversal.
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