BTC- Why the high volume bearish candle is important

Because this is how we can see what the whales are up to .
In this case the whales used them to set the resistance markers
and pushed price below these areas . This was explained in the graph below .

Ok so why is this important now ?
Because we are back to a similar situation and we dont want to fall for the same setup twice ? Ill explain below so give me a sec ..

تعليق:

The current setup shows the whales have left two high volume bearish candles to the right of the chart these candles correspond to 35839 and 31645.

so we know the whales are going to try to block movement upwards at these areas and everytime BTC is unable to move past them they will push the price lower

تعليق:

This also means if BTC is unable to close above 31645 it can move down for a double bottom and try to move past the two candles 35839 and 31645. if BTC is unable to accomplish this then the whales will push it lower to 24K

تعليق:

Note: I just figured out this high volume bearish candle business a few weeks ago so bear with me if it does not go as expected

تعليق:

......now we wait and see what happens at 31645

تعليق:

...could end up doing something like this