NeutronMan

Bitcoin Analysis 8/19/22 (Bearish Warning Signs)

Short
BYBIT:BTCUSDT   BTCUSDT SPOT
I just want to say if you didn't get rekt by that 1200 point drop in 3 minutes, you're doing something right. Anyways, here are some bearish warning signs on the 1 Day and 4 Day Charts. As a reminder, In times like these when you aren't sure which way the market is going, it's okay to not be trading all the time. Sometimes it's best to wait on the sidelines and see which way the price wants to go. Right now I'm still not 100% sure which way the market wants to go so I'm just keeping an eye on the chart and waiting for a good time to jump in.
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