BITCOIN - MASSIVE SELLOFF INCOMING 📉

WHATS GOOD TRADERS, HOPE ALL IS WELL, I'VE BEEN LOOKING AT BITCOIN SINCE I FOUND A BEARISH CANDLE HAS THESE 4 SPECIFIC PRINCIPLES ON SEPTEMBER 14, 2022 - 1. THE (RED MA) IS ABOVE THE BEARISH CANDLE AND (BLUE EMA), 2. THE BEARISH CANDLE HAS A FLAT TOP, 3. THE BEARISH CANDLE IS BELOW THE ICHIMOKU CLOUD, 4. THE PREVIOUS WICK OF THIS BEARISH CANDLE IS GREATER THAN 10 TICKS BY A LOT
*which is why i believe that the price of bitcoin will drop significantly over this month (October 2022)

(THE 3 ADVANTAGES THAT THIS BEARISH CANDLE HAS IS)
𝟏. THE PREVIOUS WICK OF THIS BEARISH CANDLE IS GREATER THAN THE LAST BEARISH PREVIOUS WICK (10), BY 118 - THE GREATER THE PREVIOUS WICK IS - THE MORE EFFECTIVE IT MAKES THE BEARISH CANDLE
𝟐. MY RESISTANCE LEVEL #1 HAS BEEN RESPECTED BY THE PRICE OF (BITCOIN) FOR 31 DAYS WHICH WILL PROTECT THE PRICE FROM HITTING MY STOP LOSS
𝟑. 322 BULLISH CANDLE WICKS TOUCHED MY RESISTANCE LEVEL #1 WHICH HAS INFLUENCED THE PRICE TO REACT DOWN FROM IT AND HEAD TOWARDS 𝟏𝟴k - WHICH MEANS MY RESISTANCE LEVEL #1 HAS THE POWER TO INFLUENCE THE PRICE TO REACT DOWN FROM IT EVERY RETEST

(My Targets 📊)
1. $13,096.89 (TP1)
2. $12,500.50 (TP2)
3. $11,750.75 (TP3)

(BETTER VIEW OF THE CHART)
*

Kindly click the Boost and share your thoughts in the comments if you support this idea I would APPRECIATE IT FR
October 14, 2022 - 1:34pm

PS - I personally executes trades according to my trading strategy
SO NEVER TRADE WITHOUT A PLAN