BTC daily chart showing some nasty candle action forming. The price action is looking rough at the moment - looks like we're dealing with a pretty unfavorable setup on the daily timeframe. Worth keeping an eye on how this develops over the next few candles.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
MidnightSnapHunter
· 10h ago
Another big bearish candle again, this rhythm is really uncomfortable.
View OriginalReply0
APY_Chaser
· 10h ago
The daily candlestick chart looks really fierce this time, but on the other hand, such times are actually more likely to brew opportunities.
View OriginalReply0
BearWhisperGod
· 11h ago
The daily candle pattern this time is indeed a bit nasty. The more I look at it, the more suspicious it feels.
View OriginalReply0
SmartContractPhobia
· 11h ago
The daily candle is indeed quite ugly this time, but to be honest, I've seen this kind of market many times. The key still depends on how the next few candles develop.
BTC daily chart showing some nasty candle action forming. The price action is looking rough at the moment - looks like we're dealing with a pretty unfavorable setup on the daily timeframe. Worth keeping an eye on how this develops over the next few candles.