Today, a negative atmosphere was created in global markets due to the fact that producer inflation in the USA was much higher than expected.
$BTC was also affected by these sales. This situation is not yet at a critical level.
But I want to tell you under what circumstances we should be concerned.
There has been a strong breakout momentum for 20 days and during this time we have never seen a close below the previous day's trading levels.
The most important first sign that will show us that this momentum has been broken will be a daily close below the previous day's candle range.
You can ignore very close levels, but if the negative candle formation example I show on the chart occurs, then I will start waiting by cashing in.
I tried to show it in the graph in Turkish and English.
You can follow it yourself this way.