$BTC P6
Long time no see #bitcoin
In this section, I still prioritize inviting you to short ALTs, of course, I have to choose the area and wait for confirmation because I am playing against the minor wave. (Like #PIXEL , it ate a little bit and then came back to bite immediately, now it pushed up to the flip zone and is selling down, I miscalculated a bit in this section but I still have a profit if I process the order).
So why?
Because in the short term, I still see that BTC will likely go down more
*H1 frame:
- The distribution borders are still pressing down on the price, creating a decreasing structure (SUBS), currently in the resistance zone
-> I will change the short-term view when I see the 2 red SUPPLY zones are ready to be "eaten"
* Frame D:
- To completely change the view, the timing must at least see the price approaching the 66k zone before calculating.
- The price is still being suppressed by the large distribution borders above, where many BULLISH brothers died there, currently 3 times.
* News:
- Looking at that way, it is likely to be flat until at least t5 and then maybe it will recover to form a weekly bottom.
-> My job is to find a pair that is running a minor downtrend and then continue to bet down.