Market Sentiment 100 TA reviewed, where to expect reversal?

Reviewed 100 TA for shorting BTC dated within the last one week



Numbers are rounded for simplification

Top 10 traders reviewed first because of their influence

Purpose:

To identify areas where a possible reversal could be more likely

Observation:

There are more bearish TA than bullish ones, yet the vast majority expect that to be temporary and bulls market likely to continue.

Data:

LVL Numbers of times Expected
800 2
2000 2
2500 2
4200 2
2800 2
3500 3
1800 4
2600 5
4000 9
3200 12
3800 14
3400 20
3600 24
3000 37

Impression

Most likely expected levels of support/reversal are from 3000 to 3600 as indicated by the numbers above.
More than 88 % predict reversal above 3000 and 36% called the bottom already at 3800.

3000 3400 and 3600 should be strong levels to watch for reversal / support

As per our previous analysis, price correction continue and ranging action is more likely

Action

use candle patterns and indicators to identify reversal signs

Best of luck everyone

My stratis Address

SVFjyUBjkpytNmnKGKsPEHECHkV9NwWmLF

تعليق:

Fall momentum is high
Next break will be applied around 3600 , look for reversal

تعليق:

Expected very strong partial breaks to be applied

تعليق:

Break No 2 , over sold on 3 indicators

تعليق:

Buyers Stepping in
No clear signal yet

تعليق:

Bulls stepped in at 3000 and set that level as support
2 strong buyer bars on the 4 hours chart