Bitcoin: Trendlines to find structure in the chaos

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Bitcoin: Trendlines to find structure in the chaos

Lanmar
2022-11-10

I drew a concern that the market may need a short term pump into the 21-22k spot to get the energy to breakdown. This was a classic example of a false breakout/fake move that sucked in buyers and stopped out early shorts.
The next trendline (potential) support levels are 15900, followed by 14200.Volume is VERY thin until 11k, something to keep in mind..https://www.tradingview.com/chart/BTCUSDTPERP/q3zgLjQc-Bitcoin-Trendlines-to-find-structure-in-the-chaos/

# Crypto Trading Group

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Lord Tan
·2022-11-10
Lost all already
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OddEyeCircle
·2022-11-10
ok
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Candy Toh
·2022-11-10
b
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MGOH
·2022-11-10
Ok
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JYeo
·2022-11-10
like
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Tijerome
·2022-11-10
Great
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Hann Soo
·2022-11-10
ok
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J.G
·2022-11-10
kk
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Marvin88
·2022-11-10
😐
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MingXuan
·2022-11-10
b
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ngchris
·2022-11-10
ok
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lionsg
·2022-11-10
Ok
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yfwong82
·2022-11-10
ok
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CalvinCougar
·2022-11-10
oh
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Bentofighter
·2022-11-10
Ok
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junkow
·2022-11-10
p
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MisterCay
·2022-11-10
Good
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Andr3
·2022-11-10
l
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jojoc
·2022-11-10
ok
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Nana_seven
·2022-11-10
Ok
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The next trendline (potential) support levels are 15900, followed by 14200.<img src=\"https://community-static.tradeup.com/news/fc58f66c0f8ac5d54bbfbee86500c666\" tg-width=\"-1\" tg-height=\"-1\">Volume is VERY thin until 11k, something to keep in mind..<img src=\"https://community-static.tradeup.com/news/33c900ff1e30da7b96b499e41e55542f\" tg-width=\"-1\" tg-height=\"-1\">https://www.tradingview.com/chart/BTCUSDTPERP/q3zgLjQc-Bitcoin-Trendlines-to-find-structure-in-the-chaos/</body></html>","htmlText":"<html><head></head><body>I drew a concern that the market may need a short term pump into the 21-22k spot to get the energy to breakdown. This was a classic example of a false breakout/fake move that sucked in buyers and stopped out early shorts. The next trendline (potential) support levels are 15900, followed by 14200.<img src=\"https://community-static.tradeup.com/news/fc58f66c0f8ac5d54bbfbee86500c666\" tg-width=\"-1\" tg-height=\"-1\">Volume is VERY thin until 11k, something to keep in mind..<img src=\"https://community-static.tradeup.com/news/33c900ff1e30da7b96b499e41e55542f\" tg-width=\"-1\" tg-height=\"-1\">https://www.tradingview.com/chart/BTCUSDTPERP/q3zgLjQc-Bitcoin-Trendlines-to-find-structure-in-the-chaos/</body></html>","text":"I drew a concern that the market may need a short term pump into the 21-22k spot to get the energy to breakdown. This was a classic example of a false breakout/fake move that sucked in buyers and stopped out early shorts. 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