algoquantix

WARNING - BTC is showing a bearish wickoff

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
just a heads up, as ive long predicted BTC to head down lower towards the $13000 level before ending its short leg, dont buy now, wait!! we have a big bearish wickoff pattern, this indicates price is likely to fail shortly on the long side and continue going lower, wickoff patterns are used to trap buyer/sellers into believing theres an imminent breakout in the direction of the bullish price spike, but the opposite actually happens.

if you are going long, run a tight stop for the time being!
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