Hello, everyone!
Yesterday I told you that there is a higher probability to see the downward move than pump. Today my confidence increased. Trading Chaos methodology gave me nice proofs that bulls are too weak to make BTC price above $30k.
On the Bitcoin price chart we have the sleeping Williams Alligator indicator with two confirmed bearish reversal bars above it and zero bullish bars below. Moreover the Awesome Oscillator and Acceleration are showing the saddle point. This is the most boring period when the market have the low volatility is gonna be changed with the volatile period of time and now we have higher probability that this impulse is gonna be to the downside.
Anyway, I have no trades for the Bitcoin, I have the short trade opened for ADA, which demonstrated even stronger bearish setup than BTC.
Best regards, Ivan
